Jowell Global Ltd (JWEL): The Latest Casualty Of Increased Volatility?

Jowell Global Ltd (NASDAQ:JWEL) does about 19.51K shares in volume on a normal day but saw 15414827 shares change hands in the recent trading day. The company now has a market cap of 5.69M USD. Its current market price is $2.89, marking an increase of 48.21% compared to the previous close of $1.95. The 52 week high reached by this stock is $3.14 whilst the lowest price level in 52 weeks is $1.00.

Jowell Global Ltd (JWEL) has a 20-day trading average at $1.92 and the current price is -7.96% off the 52-week high compared with 188.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.71 and its 200-day simple moving average is $1.66. If we look at the stock’s price movements over the week, volatility stands at 21.52%, which decreases to 12.72% 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 73.57 to suggest the stock is overbought.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy.

The current price level is 50.47%, 69.35%, and 74.61% away from its SMA20, SMA50, and SMA200 respectively, with the JWEL price moving below the 50-day SMA on current market day. Jowell Global Ltd (JWEL) stock is up 44.50% over the week and 90.13% over the past month. Its price is 35.05% year-to-date and -39.79% over the past year.

The company has a return on investment of -43.71% and return on equity of -36.62%. The beta has a value of 0.39. Price to book ratio is 0.25 and price to sales ratio is 0.04.