Why Jayud Global Logistics Ltd (NASDAQ: JYD) At $0.35 Is Worth Your Money?

Jayud Global Logistics Ltd (NASDAQ:JYD) does about 4.30M shares in volume on a normal day but saw 2294510 shares change hands in the recent trading day. The company now has a market cap of 33.48M USD. Its current market price is $0.35, marking an increase of 4.08% compared to the previous close of $0.33. The 52 week high reached by this stock is $8.00 whilst the lowest price level in 52 weeks is $0.24.

Jayud Global Logistics Ltd (JYD) has a 20-day trading average at $3.5217 and the current price is -95.66% off the 52-week high compared with 44.78% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.7509 and its 200-day simple moving average is $1.8574. If we look at the stock’s price movements over the week, volatility stands at 23.16%, which increases to 29.13% 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 29.97 to suggest the stock is oversold.

The current price level is -90.15%, -90.75%, and -81.32% away from its SMA20, SMA50, and SMA200 respectively, with the JYD price moving above the 50-day SMA on current market day. Jayud Global Logistics Ltd (JYD) stock is down -4.17% over the week and -90.47% over the past month. Its price is -89.16% year-to-date and -64.60% over the past year.

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

Outstanding shares total 96.52M with insiders holding 71.39% of the shares and institutional holders owning 0.81% of the company’s common stock. The beta has a value of -1.33. Price to sales ratio is 0.40.