Jin Medical International (NASDAQ:ZJYL) Stock Jumps 2.1% – Here’s Why

Shares of Jin Medical International Ltd. (NASDAQ:ZJYL) were up 2.1% on Monday. The stock traded as high as $2.0245 and last traded at $1.98. 5,990 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 132,116 shares. The stock had previously closed at $1.94.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Jin Medical International in a report on Friday, September 25th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

Jin Medical International Trading Up 5.2%

The company has a 50-day moving average of $2.32 and a two-hundred day moving average of $2.24. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.70 and a current ratio of 1.95.

Jin Medical International (NASDAQ:ZJYL) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.01) EPS for the quarter. The business had revenue of $4.46 million during the quarter.

Jin Medical International Company Profile

Jin Medical International Limited is a China-based medical equipment company that develops, manufactures and sells mobility and daily-living aid products. Its product portfolio primarily includes electric and manual wheelchairs, along with other equipment designed to support mobility and personal care.

The company sells its products through business-to-business and other distribution channels, serving customers in China and international markets. Its offerings are intended for use by individuals with mobility limitations, older adults and people requiring assistance with everyday activities.

Jin Medical International is incorporated in the Cayman Islands and conducts its operating activities through subsidiaries in China.