Jeffs Brands Ltd (NASDAQ: JFBR) Trading above Its 20 Day MA ($0.2791), Why Showing An Interesting Price Pattern?

Jeffs Brands Ltd (NASDAQ:JFBR) does about 2.35M shares in volume on a normal day but saw 781386 shares change hands in the recent trading day. The company now has a market cap of 2.94M USD. Its current market price is $0.32, marking an increase of 1.01% compared to the previous close of $0.32. The 52 week high reached by this stock is $5.29 whilst the lowest price level in 52 weeks is $0.17.

Jeffs Brands Ltd (JFBR) has a 20-day trading average at $0.2791 and the current price is -93.95% off the 52-week high compared with 88.18% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2595 and its 200-day simple moving average is $0.6435. If we look at the stock’s price movements over the week, volatility stands at 20.57%, which decreases to 18.00% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.57 to suggest the stock is neutral.

The current price level is 14.70%, 23.36%, and -50.26% away from its SMA20, SMA50, and SMA200 respectively, with the JFBR price moving below the 50-day SMA on current market day. Jeffs Brands Ltd (JFBR) stock is up 18.12% over the week and 36.39% over the past month. Its price is -89.50% year-to-date and -88.94% over the past year.

The company has a return on investment of -92.20% and return on equity of -71.94%. The beta has a value of 2.08. Price to book ratio is 0.41 and price to sales ratio is 0.24.