Look Past The Setbacks And Give Jin Medical International Ltd (NASDAQ: ZJYL) Another Chance

Jin Medical International Ltd (NASDAQ:ZJYL) currently has a daily average trading volume of 442.91K but it saw 137918 shares traded in last market. With a market cap of 133.06M USD, the company’s current market price of $0.85 came falling about -4.51 while comparing to the previous closing price of $0.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.60 and as low as $0.70. In the recent trading on the day, stock has struck highest price mark of $0.8327 while lowest mark touched by it was $0.9471.

Taking a look at 20-day trading activity of Jin Medical International Ltd (ZJYL) gives us an average price of $0.8765, while its current price level is -94.88% below from 52-week high level whereas it is 21.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.1858 while that of 200 days or SMA-200 reads an average of $2.5509. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.03% during that period while stretching the period over a month that decreases to 18.15%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.82 which implies that the stock is in neutral territory.

Over the week, ZJYL’s stock price is moving 9.23% up while it is 17.74% when we observe its performance for the past one month. Year-to-date it is 9.23% up and over the past year, the stock is showing a downside performance of -81.30%.

Currently, Jin Medical International Ltd’s total number of outstanding shares is 156.55M. Company’s return on investment (ROI) stands at 11.00% and return on equity (ROE) at 11.67%. It has a price to earnings ratio (P/E ratio) of 5.52. Stock’s beta reads 13.83. Stock has a price to book (P/B) ratio of 5.07 while price to sale or P/S ratio amounts to 6.61. Its return on asset (ROA) is 8.05% on average.