JIADE (NASDAQ:JDZG) Trading Down 8.7% – What’s Next?

JIADE Limited (NASDAQ:JDZG)’s share price was down 8.7% on Friday . The company traded as low as $0.26 and last traded at $0.26. Approximately 188,548 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 915,233 shares. The stock had previously closed at $0.29.

JIADE Stock Down 8.7%

The stock has a 50 day simple moving average of $0.50 and a two-hundred day simple moving average of $0.61.

Institutional Trading of JIADE

An institutional investor recently raised its position in JIADE stock. Two Sigma Investments LP lifted its position in shares of JIADE Limited (NASDAQ:JDZG) by 120.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,544 shares of the company’s stock after purchasing an additional 21,596 shares during the period. Two Sigma Investments LP owned about 0.16% of JIADE worth $33,000 at the end of the most recent reporting period.

JIADE Company Profile

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform.