Jayud Global Logistics Ltd (JYD) Is Now En Route to Higher Prices

Jayud Global Logistics Ltd (NASDAQ: JYD) is -88.93% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $8.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JYD stock was last observed hovering at around $0.36 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $0.35, the stock is -91.54% and -91.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.42 million and changing -2.13% at the moment leaves the stock -80.99% off its SMA200. JYD registered -63.85% loss for a year compared to 6-month gain of -59.28%. The firm has a 50-day simple moving average (SMA 50) of $4.03172 and a 200-day simple moving average (SMA200) of $1.86331.

The stock witnessed a -90.24% loss in the last 1 month and extending the period to 3 months gives it a -88.68%, and is -95.39% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 72.48% over the week and 25.07% over the month.

Profit margin for the company is -11.14%. Distance from 52-week low is 10.72% and -95.57% from its 52-week high.

Jayud Global Logistics Ltd (JYD) Top Institutional Holders

11.0 institutions hold shares in Jayud Global Logistics Ltd (JYD), with institutional investors hold 2.79% of the company’s shares. The shares outstanding are 96.52M, and float is at 25.34M with Short Float at 0.22%. Institutions hold 0.80% of the Float.

The top institutional shareholder in the company is HOHIMER WEALTH MANAGEMENT, LLC with over 53294.0 shares valued at $29365.0. The investor’s holdings represent 0.2496% of the JYD Shares outstanding. As of 2024-06-30, the second largest holder is TWO SIGMA SECURITIES, LLC with 16641.0 shares valued at $9169.0 to account for 0.0779 of the shares outstanding.