Jin Medical International (NASDAQ:ZJYL) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

Jin Medical International Ltd. (NASDAQ:ZJYL) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $2.13 and traded as high as $2.83. Jin Medical International shares last traded at $2.35, with a volume of 3,654,930 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Jin Medical International in a research report on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Jin Medical International Stock Performance

The company’s 50 day moving average is $2.13 and its 200-day moving average is $2.37. 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 issued its earnings results on Tuesday, August 4th. The company reported ($0.01) earnings per share (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 medical device company focused on the design, manufacture and sale of mobility and daily-living assistance products. Through its operating subsidiaries in China, the company serves customers seeking equipment intended to support mobility, personal care and home or institutional use.

The company’s product portfolio includes manual wheelchairs, electric wheelchairs, walking aids and other related medical and rehabilitation equipment. Its offerings are marketed through domestic and international sales channels, serving distributors, retailers and other customers in China and overseas markets.

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