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JinkoSolar Shares Up 6%

Shares of JinkoSolar Holding Co. Ltd. (JKS) are rising over 6% Thursday morning despite no stock-related news that could be attributed to today's movement.

The stock, which has been trading between $28.39 and $85.32 for the past one year, is currently trading at $58.40, up $3.72 or 6.80%. Trading volume is over 563K versus an average volume of 1.75 million shares.

As recently as on October 13, JinkoSolar announced that it won the Green World Awards for Environmental Best Practice named by the Green Organization in the global campaign to find the world's greenest countries, companies, and communities.

Also, the company announced that it has announced that it has achieved a major technical breakthrough on its N-type monocrystalline silicon solar cell and has set a new world record for the fourth time in a year with the maximum solar conversion efficiency of 25.4% for its large-size passivating contact solar cell. This result has been independently confirmed by the Japan Electrical Safety and Environment Technology Laboratories or JET.

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