Jin Medical International (NASDAQ:ZJYL) Issues Quarterly Earnings Results

Jin Medical International (NASDAQ:ZJYL) posted its earnings results on Tuesday. The company reported ($0.01) EPS for the quarter, reports. The firm had revenue of $4.46 million for the quarter.

Jin Medical International Stock Down 13.6%

Shares of NASDAQ:ZJYL traded down $0.30 during midday trading on Thursday, reaching $1.91. The company’s stock had a trading volume of 309,319 shares, compared to its average volume of 240,087. The firm has a 50 day moving average of $2.21 and a 200-day moving average of $2.38. Jin Medical International has a 12-month low of $1.53 and a 12-month high of $17.18.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Jin Medical International from a “sell (d+)” rating to a “sell (d)” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

About Jin Medical International

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.