Jayud Global Logistics Ltd (JYD) Looks Ready for Growth Despite -91.80% Change This Year

Jayud Global Logistics Ltd (NASDAQ: JYD) is -91.80% lower on its value in year-to-date trading and has touched a low of $0.09 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 $0.22 in the last trading session, with the day’s gains setting it 0.04%.

Currently trading at $0.26, the stock is -81.27% and -91.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 29.46 million and changing 16.58% at the moment leaves the stock -85.78% off its SMA200. JYD registered -72.10% loss for a year compared to 6-month gain of -69.85%. The firm has a 50-day simple moving average (SMA 50) of $3.04758 and a 200-day simple moving average (SMA200) of $1.84451.

The stock witnessed a -95.76% loss in the last 1 month and extending the period to 3 months gives it a -92.63%, and is -14.20% 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 71.19% over the week and 45.05% over the month.

Jayud Global Logistics Ltd (JYD) has around 166 employees, a market worth around $24.61M and $78.55M in sales. Profit margin for the company is -8.77%. Distance from 52-week low is 191.44% and -96.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-54.59%).

Jayud Global Logistics Ltd (JYD) Top Institutional Holders

14.0 institutions hold shares in Jayud Global Logistics Ltd (JYD), with institutional investors hold 3.46% of the company’s shares. The shares outstanding are 88.41M, and float is at 24.86M with Short Float at 3.89%. Institutions hold 0.94% 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.