Ideas And Forecasts On Jin Medical International Ltd (NASDAQ: ZJYL)

Jin Medical International Ltd (NASDAQ:ZJYL) currently has a daily average trading volume of 260.36K but it saw 178361 shares traded in last market. With a market cap of 147.16M USD, the company’s current market price of $0.94 came rising about 1.08 while comparing to the previous closing price of $0.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.40 and as low as $0.56. In the recent trading on the day, stock has struck highest price mark of $0.905 while lowest mark touched by it was $0.985.

Taking a look at 20-day trading activity of Jin Medical International Ltd (ZJYL) gives us an average price of $0.7192, while its current price level is -78.64% below from 52-week high level whereas it is 69.37% 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 $0.7784 while that of 200 days or SMA-200 reads an average of $1.7477. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.71% during that period while stretching the period over a month that decreases to 12.63%. 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 63.32 which implies that the stock is in neutral territory.

Over the week, ZJYL’s stock price is moving 51.61% up while it is -7.84% when we observe its performance for the past one month. Year-to-date it is 20.79% up and over the past year, the stock is showing a downside performance of -78.34%.

Currently, Jin Medical International Ltd’s total number of outstanding shares is 156.55M. Company’s return on investment (ROI) stands at 12.71% and return on equity (ROE) at 13.93%. It has a price to earnings ratio (P/E ratio) of 40.00. Stock’s beta reads 10.97. Stock has a price to book (P/B) ratio of 5.11 while price to sale or P/S ratio amounts to 6.26. Its return on asset (ROA) is 9.34% on average.