Predicting Future Price Moves In J-Long Group Ltd (JL)

J-Long Group Ltd (NASDAQ:JL) does about 1.50M shares in volume on a normal day but saw 2891891 shares change hands in the recent trading day. The company now has a market cap of 7.78M USD. Its current market price is $0.25, marking a decrease of -11.81% compared to the previous close of $0.28. The 52 week high reached by this stock is $27.35 whilst the lowest price level in 52 weeks is $0.25.

J-Long Group Ltd (JL) has a 20-day trading average at $0.4365 and the current price is -99.09% off the 52-week high compared with -1.12% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4114 and its 200-day simple moving average is $1.7130. If we look at the stock’s price movements over the week, volatility stands at 19.99%, which increases to 24.59% 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 35.17 to suggest the stock is neutral.

The current price level is -43.21%, -39.75%, and -84.62% away from its SMA20, SMA50, and SMA200 respectively, with the JL price moving above the 50-day SMA on current market day. J-Long Group Ltd (JL) stock is down -33.08% over the week and -38.81% over the past month. Its price is -96.35% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

The company has a return on investment of 6.77%. The price to earnings ratio (P/E ratio) amounts to 70.80. Price to book ratio is 5.99 and price to sales ratio is 2.14.