The volatility ratio for the week is 15.77%, and the volatility levels for the past 30 days are 126.04% for JBDI. The simple moving average for the past 20 days is -88.85% for JBDI’s stock, with a -89.22% simple moving average for the past 200 days.
Is It Worth Investing in JBDI Holdings Ltd. (NASDAQ: JBDI) Right Now?
The price-to-earnings ratio for JBDI Holdings Ltd. (NASDAQ: JBDI) is 55.00x, which is above its average ratio.
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The public float for JBDI is 3.66M and currently, short sellers hold a 7.32% of that float. On October 01, 2024, JBDI’s average trading volume was 3.55M shares.
JBDI) stock’s latest price update
JBDI Holdings Ltd. (NASDAQ: JBDI) has experienced a decline in its stock price by -12.00 compared to its previous closing price of 1.25. However, the company has seen a fall of -8.33% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-31 that While major IPOs are on hold until after Labor Day, three small deals were completed in the last week of August. Two SPACs, GigCapital7 and Black Spade Acquisition II, raised $200 million and $150 million, respectively. Three IPOs are currently scheduled to list in the week ahead, all of them holdovers from previous weeks, and all based in the Asia Pacific region.
JBDI Trading at -89.22% from the 50-Day Moving Average
After a stumble in the market that brought JBDI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.21% of loss for the given period.
Volatility was left at 126.04%, however, over the last 30 days, the volatility rate increased by 15.77%, as shares sank -91.11% for the moving average over the last 20 days.
During the last 5 trading sessions, JBDI fell by -8.33%, in comparison to the 20-day moving average, which settled at $9.3010. In addition, JBDI Holdings Ltd. saw -89.13% in overturn over a single year, with a tendency to cut further losses.
Conclusion
To wrap up, the performance of JBDI Holdings Ltd. (JBDI) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
