Jin Medical International Ltd (ZJYL): A Technical Analysis

Jin Medical International Ltd (NASDAQ: ZJYL) has a higher price-to-earnings ratio of 204.30x compared to its average ratio. ZJYL has 36-month beta value of 16.17.

The public float for ZJYL is 37.82M, and currently, short sellers hold a 2.85% ratio of that float. The average trading volume of ZJYL on August 23, 2024 was 221.39K shares.

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ZJYL) stock’s latest price update

Jin Medical International Ltd (NASDAQ: ZJYL) has experienced a rise in its stock price by 8.26 compared to its previous closing price of 3.51. However, the company has seen a gain of 7.04% in its stock price over the last five trading days. investorplace.com reported 2024-02-08 that Jin Medical International (NASDAQ: ZJYL ) stock is on the move Thursday as the wheelchair and other living aid products company’s shares undergo a split. According to a filing with the Securities and Exchange Commission (SEC), shares of ZJYL stock are undergoing a one-for-20 stock split.

ZJYL’s Market Performance

ZJYL’s stock has risen by 7.04% in the past week, with a monthly rise of 20.63% and a quarterly rise of 35.23%. The volatility ratio for the week is 9.97% while the volatility levels for the last 30 days are 12.71% for Jin Medical International Ltd The simple moving average for the past 20 days is 18.56% for ZJYL’s stock, with a -10.87% simple moving average for the past 200 days.

ZJYL Trading at 23.90% from the 50-Day Moving Average

After a stumble in the market that brought ZJYL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.09% of loss for the given period.

Volatility was left at 12.71%, however, over the last 30 days, the volatility rate increased by 9.97%, as shares surge +21.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.59% upper at present.

During the last 5 trading sessions, ZJYL rose by +9.01%, which changed the moving average for the period of 200-days by +750.55% in comparison to the 20-day moving average, which settled at $3.24. In addition, Jin Medical International Ltd saw -69.36% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for ZJYL

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.35 for the gross margin

The net margin for Jin Medical International Ltd stands at 0.14. The total capital return value is set at 0.13. Equity return is now at value 11.67, with 8.05 for asset returns.

Based on Jin Medical International Ltd (ZJYL), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06.

Currently, EBITDA for the company is 3.14 million with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 19.55. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.

Conclusion

To put it simply, Jin Medical International Ltd (ZJYL) has had a better 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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