Jeffs Brands Ltd (JFBR) Shares Decline Despite Market Challenges

The stock price of Jeffs Brands Ltd (NASDAQ: JFBR) has dropped by -7.91 compared to previous close of 0.29. Despite this, the company has seen a fall of -16.38% in its stock price over the last five trading days. globenewswire.com reported 2024-07-02 that Tel Aviv, Israel, July 02, 2024 (GLOBE NEWSWIRE) — Jeffs’ Brands Ltd (“Jeffs’ Brands” or the “Company”) (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, announced today that its wholly-owned subsidiary Fort Product Ltd. (“Fort”) entered into a non-binding Letter of Intent (“LOI”) with a company based in the Sultanate of Oman (the “Partner”).This LOI will serve as a base to negotiate entering into a commercial agreement with the Partner, pursuant to which Fort will, among other things, grant the Partner an exclusive license to market, resell and distribute Fort’s pest control products in the Gulf States, including the United Arab Emirates (“UAE”), at the exception of on any Amazon marketplace in the world, whether within or outside the Gulf States, and other customary exemptions to be included in the definitive agreements and conditioned upon the Partner meeting a minimum requirement as defined therewithin.

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The public float for JFBR is 3.19M, and currently, short sellers hold a 3.25% ratio of that float. The average trading volume of JFBR on July 25, 2024 was 3.41M shares.

JFBR’s Market Performance

JFBR’s stock has seen a -16.38% decrease for the week, with a -8.78% drop in the past month and a -1.78% fall in the past quarter. The volatility ratio for the week is 12.90%, and the volatility levels for the past 30 days are at 13.03% for Jeffs Brands Ltd The simple moving average for the past 20 days is -12.49% for JFBR’s stock, with a -83.83% simple moving average for the past 200 days.

JFBR Trading at -20.32% from the 50-Day Moving Average

After a stumble in the market that brought JFBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.90% of loss for the given period.

Volatility was left at 13.03%, however, over the last 30 days, the volatility rate increased by 12.90%, as shares sank -8.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.12% upper at present.

During the last 5 trading sessions, JFBR fell by -16.38%, which changed the moving average for the period of 200-days by -91.17% in comparison to the 20-day moving average, which settled at $0.3073. In addition, Jeffs Brands Ltd saw -91.15% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for JFBR

Current profitability levels for the company are sitting at:

  • -0.41 for the present operating margin
  • 0.02 for the gross margin

The net margin for Jeffs Brands Ltd stands at -0.46. The total capital return value is set at -0.41.

Based on Jeffs Brands Ltd (JFBR), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -21.01.

Currently, EBITDA for the company is -3.38 million with net debt to EBITDA at 0.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.21. The receivables turnover for the company is 8.16for trailing twelve months and the total asset turnover is 0.82. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.

Conclusion

To put it simply, Jeffs Brands Ltd (JFBR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.

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