Should You Invest in Jiade Ltd. (JDZG) Now?

The public float for JDZG is 2.00M, and currently, shorts hold a 13.18% of that float. The average trading volume for JDZG on June 18, 2024 was 2.74M shares.

JDZG) stock’s latest price update

Jiade Ltd. (NASDAQ: JDZG) has seen a decline in its stock price by -1.64 in relation to its previous close of 0.91. However, the company has experienced a -0.59% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-05-21 that LOS ANGELES–(BUSINESS WIRE)–WestPark Capital today announced the closing of an initial public offering (the “Offering”) of 2,000,000 shares at a public offering price of $4.00 per share for JIADE LIMITED (Nasdaq: JDZG) (the “Company” or “JDZG”). The shares began trading on the Nasdaq Capital Market on May 15, 2024 under the ticker symbol “JDZG”. The company specializes in providing one-stop comprehensive education supporting services to adult education institutions. The Company received gross.

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JDZG’s Market Performance

The volatility ratio for the week is 23.94%, and the volatility levels for the past 30 days are at 57.34% for JDZG. The simple moving average for the past 20 days is -86.62% for JDZG’s stock, with a -86.96% simple moving average for the past 200 days.

JDZG Trading at -86.96% from the 50-Day Moving Average

After a stumble in the market that brought JDZG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.06% of loss for the given period.

Volatility was left at 57.34%, however, over the last 30 days, the volatility rate increased by 23.94%, as shares sank -92.56% for the moving average over the last 20 days.

During the last 5 trading sessions, JDZG fell by -1.11%, in comparison to the 20-day moving average, which settled at $6.1335. In addition, Jiade Ltd. saw -78.01% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for JDZG

The liquidity ratio also appears to be rather interesting for investors as it stands at 2.02.

Conclusion

In conclusion, Jiade Ltd. (JDZG) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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