While Jin Medical International Ltd has underperformed by -11.20%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ZJYL rose by 143.69%, with highs and lows ranging from $25.49 to $0.40, whereas the simple moving average fell by -48.84% in the last 200 days.
Analysis of Jin Medical International Ltd (ZJYL)
Further, the quarter-over-quarter increase in sales is 2.96%, showing a positive trend in the upcoming months.
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In order to gain a clear picture of Jin Medical International Ltd’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 11.67% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.15, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 253.02K can be a very valuable indicator of volatility for ZJYL stock. On a monthly basis, the volatility of the stock is set at 13.03%, whereas on a weekly basis, it is put at 12.57%, with a loss of -13.11% over the past seven days.
How Do You Analyze Jin Medical International Ltd Shares?
The China based company Jin Medical International Ltd (ZJYL) is one of the biggest names in Medical Instruments & Supplies. When comparing Jin Medical International Ltd shares with other companies under Healthcare, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.41, there is a growth in quarterly earnings of -94.95%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 75.84%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.78% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ZJYL shares are owned by institutional investors to the tune of 0.78% at present.