Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Year to date metric has recorded a loss of -92.90%.However, over the last six months, we can see a stronger performance of -66.15%. Over the last 30 days, the price of ZJYL has leaped by -9.88%. And in the last five days, it has surged by 2.34%.
Jin Medical International Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $16.60 on 02/08/24, while the lowest price for the same period was registered at $0.70 on 12/05/24.
52-week price history of ZJYL Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Jin Medical International Ltd’s current trading price is -94.70% away from its 52-week high, while its distance from the 52-week low is 25.55%. The stock’s price range during this period has varied between$0.70 and $16.60. The Jin Medical International Ltd’s shares, which operate in the Healthcare, saw a trading volume of around 0.68 million for the day, a figure considerably higher than their average daily volume of 0.4 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Jin Medical International Ltd (ZJYL) has experienced a quarterly decline of -67.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 120.55M and boasts a workforce of 245 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.1031, with a change in price of -2.1199. Similarly, Jin Medical International Ltd recorded 335,336 in trading volume during the last 100 days, posting a change of -70.66%.
ZJYL’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for ZJYL stands at 0.38. Similarly, the long-term debt-to-equity ratio is also 0.01.
ZJYL Stock Stochastic Average
Jin Medical International Ltd’s raw stochastic average for the past 50 days is presently 10.30%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 24.91%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.62% and 64.96%, respectively.
