Jin Medical International Ltd (NASDAQ: ZJYL) is 2.98% higher on its value in year-to-date trading and has touched a low of $0.56 and a high of $4.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZJYL stock was last observed hovering at around $0.91 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $0.80, the stock is 0.33% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.06 million and changing -11.93% at the moment leaves the stock -51.71% off its SMA200. ZJYL registered -78.74% loss for a year compared to 6-month loss of -62.55%. The firm has a 50-day simple moving average (SMA 50) of $0.78376 and a 200-day simple moving average (SMA200) of $1.659705.
The stock witnessed a 7.89% gain in the last 1 month and extending the period to 3 months gives it a -9.96%, and is -6.81% 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 10.26% over the week and 11.51% over the month.
Jin Medical International Ltd (ZJYL) has around 269 employees, a market worth around $125.46M and $23.50M in sales. Current P/E ratio is 34.10. Profit margin for the company is 15.64%. Distance from 52-week low is 44.40% and -81.70% from its 52-week high. The company has generated returns on investments over the last 12 months (12.71%).
12.0 institutions hold shares in Jin Medical International Ltd (ZJYL), with institutional investors hold 5.07% of the company’s shares. The shares outstanding are 156.55M, and float is at 37.82M with Short Float at 1.04%. Institutions hold 1.23% of the Float.
