JA Solar Holdings, Co., Ltd. (NASDAQ:JASO)‘s stock had its “sell” rating reissued by stock analysts at Axiom Securities in a research report issued on Thursday.

Several other equities analysts also recently issued reports on the stock. Credit Suisse Group set a $7.00 price objective on shares of JA Solar Holdings, Co. and gave the company a “hold” rating in a report on Tuesday, August 29th. ValuEngine raised shares of JA Solar Holdings, Co. from a “buy” rating to a “strong-buy” rating in a report on Monday, September 11th. Zacks Investment Research raised shares of JA Solar Holdings, Co. from a “hold” rating to a “buy” rating and set a $7.00 price objective on the stock in a report on Friday, August 25th. Finally, Roth Capital set a $7.00 price objective on shares of JA Solar Holdings, Co. and gave the company a “hold” rating in a report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $6.50.

JA Solar Holdings, Co. (JASO) traded down $1.07 on Thursday, reaching $6.96. 1,896,200 shares of the company’s stock traded hands, compared to its average volume of 524,014. The company has a current ratio of 1.08, a quick ratio of 0.85 and a debt-to-equity ratio of 0.31. The stock has a market capitalization of $381.99, a P/E ratio of 5.15 and a beta of 1.26. JA Solar Holdings, Co. has a fifty-two week low of $4.42 and a fifty-two week high of $8.48.

JA Solar Holdings, Co. (NASDAQ:JASO) last posted its quarterly earnings data on Wednesday, November 15th. The solar energy provider reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). The company had revenue of $652.60 million for the quarter, compared to analysts’ expectations of $609.78 million. JA Solar Holdings, Co. had a net margin of 2.89% and a return on equity of 7.90%. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.13 earnings per share. sell-side analysts expect that JA Solar Holdings, Co. will post 0.61 earnings per share for the current fiscal year.

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Several large investors have recently bought and sold shares of the company. California Public Employees Retirement System lifted its stake in shares of JA Solar Holdings, Co. by 25.3% in the first quarter. California Public Employees Retirement System now owns 384,359 shares of the solar energy provider’s stock worth $2,514,000 after buying an additional 77,700 shares in the last quarter. AJO LP lifted its stake in shares of JA Solar Holdings, Co. by 3.2% in the second quarter. AJO LP now owns 359,410 shares of the solar energy provider’s stock worth $2,282,000 after buying an additional 11,292 shares in the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of JA Solar Holdings, Co. by 848.0% in the second quarter. TIAA CREF Investment Management LLC now owns 331,800 shares of the solar energy provider’s stock worth $2,107,000 after buying an additional 296,800 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of JA Solar Holdings, Co. by 1,558.4% in the third quarter. JPMorgan Chase & Co. now owns 199,376 shares of the solar energy provider’s stock worth $1,515,000 after buying an additional 187,354 shares in the last quarter. Finally, Teachers Advisors LLC purchased a new position in shares of JA Solar Holdings, Co. in the second quarter worth about $1,162,000. 23.19% of the stock is currently owned by hedge funds and other institutional investors.

About JA Solar Holdings, Co.

JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.

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