Jiuzi Holdings Inc (NASDAQ: JZXN)’s stock price has gone decline by -4.75 in comparison to its previous close of 0.39, however, the company has experienced a -3.34% decrease 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?
The 36-month beta value for JZXN is also noteworthy at 2.04.
The public float for JZXN is 117.04M, and at present, short sellers hold a 0.26% of that float. The average trading volume of JZXN on April 26, 2024 was 690.42K shares.
JZXN’s Market Performance
JZXN stock saw a decrease of -3.34% in the past week, with a monthly decline of -88.44% and a quarterly a decrease of -45.79%. The volatility ratio for the week is 12.86%, and the volatility levels for the last 30 days are 34.75% for Jiuzi Holdings Inc (JZXN). The simple moving average for the past 20 days is -63.80% for JZXN’s stock, with a -65.54% simple moving average for the past 200 days.
JZXN Trading at -74.04% 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 -94.38% of loss for the given period.
Volatility was left at 34.75%, however, over the last 30 days, the volatility rate increased by 12.86%, as shares sank -89.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.68% lower at present.
During the last 5 trading sessions, JZXN fell by -1.35%, which changed the moving average for the period of 200-days by -86.39% in comparison to the 20-day moving average, which settled at $0.8727. In addition, Jiuzi Holdings Inc saw -57.23% in overturn over a single year, with a tendency to cut further losses.
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 48.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In summary, Jiuzi Holdings Inc (JZXN) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
