Jin Medical International (NASDAQ:ZJYL) Trading Down 4.6% – Should You Sell?

Jin Medical International Ltd. (NASDAQ:ZJYLGet Free Report)’s share price was down 4.6% during trading on Friday . The company traded as low as $0.2412 and last traded at $0.2495. Approximately 204,295 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 2,965,497 shares. The stock had previously closed at $0.2614.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Jin Medical International in a research note on Wednesday. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Jin Medical International

Jin Medical International Stock Down 4.6%

The business’s fifty day simple moving average is $0.40 and its two-hundred day simple moving average is $0.59.

About Jin Medical International

(Get Free Report)

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.

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