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Jin Medical International Ltd Inc. (ZJYL) Price Performance: The Role of Supply and Demand

ELVT Stock

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -64.68% this year. Over the last six months, there has been a weaker performance of 561.13%. The price of ZJYL leaped by -46.65% during the last 30 days period. For the last 5-days stocks have slided -37.43%.

52-week price history of ZJYL Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Jin Medical International Ltd’s current trading price is -82.82% away from its 52-week high, while its distance from the 52-week low is 1709.92%. The stock’s price range for this period has been between $0.24 and $25.49. The Healthcare sector company’s shares saw a trading volume of about 1.44 million for the day, which was higher than the average daily volume of 1.11 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Jin Medical International Ltd (ZJYL) has experienced a quarterly rise of 188.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 33.95M.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.09, with a change in price of +3.84. Similarly, Jin Medical International Ltd recorded 1,111,514 in trading volume during the last 100 days, posting a change of +713.37%.

ZJYL’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ZJYL stands at 0.06. Similarly, the long-term debt-to-equity ratio is also 0.00.

ZJYL Stock Stochastic Average

As of today, the raw stochastic average of Jin Medical International Ltd over the last 50 days is at 9.06%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 4.11%. Further, the company’s Stochastic %K and %D values for the last 20 days were 7.88% and 11.65%, respectively.