Jiuzi Holdings Inc (JZXN) Shares Down Despite Recent Market Volatility

Jiuzi Holdings Inc (NASDAQ: JZXN)’s stock price has gone decline by -12.80 in comparison to its previous close of 3.75, however, the company has experienced a 9.00% increase in its stock price over the last five trading days. InvestorPlace reported 2023-07-13 that Jiuzi (NASDAQ: JZXN ) stock is rocketing higher on Thursday despite a lack of news from the new energy vehicles sales company. Instead of a press release or filing, it looks like heavy trading is behind today’s movement.

Is It Worth Investing in Jiuzi Holdings Inc (NASDAQ: JZXN) Right Now?

Moreover, the 36-month beta value for JZXN is 1.63.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for JZXN is 117.04M and currently, short sellers hold a 0.09% of that float. On April 03, 2024, JZXN’s average trading volume was 105.09K shares.

JZXN’s Market Performance

JZXN stock saw an increase of 9.00% in the past week, with a monthly gain of 165.85% and a quarterly increase of 233.71%. The volatility ratio for the week is 13.41%, and the volatility levels for the last 30 days are 24.50% for Jiuzi Holdings Inc (JZXN). The simple moving average for the last 20 days is 34.69% for JZXN’s stock, with a simple moving average of 158.13% for the last 200 days.

JZXN Trading at 118.41% from the 50-Day Moving Average

After a stumble in the market that brought JZXN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.63% of loss for the given period.

Volatility was left at 24.50%, however, over the last 30 days, the volatility rate increased by 13.41%, as shares surge +165.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +336.71% upper at present.

During the last 5 trading sessions, JZXN rose by +15.00%, which changed the moving average for the period of 200-days by +22.86% in comparison to the 20-day moving average, which settled at $2.54. In addition, Jiuzi Holdings Inc saw 275.78% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for JZXN

Current profitability levels for the company are sitting at:

  • -6.85 for the present operating margin
  • -0.01 for the gross margin

The net margin for Jiuzi Holdings Inc stands at -7.06. Equity return is now at value -184.91, with -95.41 for asset returns.

When we switch over and look at the enterprise to sales, we see a ratio of 399.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.

Conclusion

To wrap up, the performance of Jiuzi Holdings Inc (JZXN) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts