J-Star (NASDAQ:YMAT) Stock Price Down 1.7% – Here’s Why

J-Star Holding Co., Ltd (NASDAQ:YMAT) traded down 1.7% during trading on Tuesday . The company traded as low as $2.27 and last traded at $2.30. Approximately 46,465 shares were traded during trading, a decline of 93% from the average daily volume of 689,576 shares. The stock had previously closed at $2.34.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Weiss Ratings lowered shares of J-Star from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 9th. Wall Street Zen upgraded shares of J-Star to a “hold” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

J-Star Price Performance

The company has a 50-day moving average price of $3.63 and a 200 day moving average price of $2.57.

J-Star (NASDAQ:YMAT) last released its earnings results on Thursday, April 30th. The company reported ($3.08) earnings per share (EPS) for the quarter. The company had revenue of ($0.33) million during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in J-Star stock. Citadel Advisors LLC acquired a new stake in shares of J-Star Holding Co., Ltd (NASDAQ:YMAT) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned approximately 0.40% of J-Star at the end of the most recent reporting period.

About J-Star

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.