Jayud Global Logistics (NASDAQ:JYD) Trading Up 0.7% – Still a Buy?

Jayud Global Logistics Limited (NASDAQ:JYD) was up 0.7% during trading on Tuesday . The stock traded as high as $0.19 and last traded at $0.19. Approximately 418,421 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 986,992 shares. The stock had previously closed at $0.19.

Jayud Global Logistics Stock Up 0.7%

The company has a 50 day moving average of $0.20 and a 200 day moving average of $1.45.

Institutional Trading of Jayud Global Logistics

A number of hedge funds and other institutional investors have recently modified their holdings of JYD. Renaissance Technologies LLC acquired a new stake in shares of Jayud Global Logistics in the 4th quarter worth $993,000. Invesco Ltd. acquired a new stake in shares of Jayud Global Logistics in the 1st quarter worth $576,000. Citadel Advisors LLC acquired a new stake in shares of Jayud Global Logistics in the 4th quarter worth $145,000. Geode Capital Management LLC acquired a new stake in shares of Jayud Global Logistics in the 4th quarter worth $63,000. Finally, Barclays PLC acquired a new stake in shares of Jayud Global Logistics in the 4th quarter worth $35,000. 67.92% of the stock is owned by institutional investors and hedge funds.

About Jayud Global Logistics

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.