Jin Medical International (NASDAQ:ZJYL) Stock Price Down 1.5% – Here’s Why

Jin Medical International Ltd. (NASDAQ:ZJYL)’s stock price was down 1.5% during trading on Tuesday. The company traded as low as $1.90 and last traded at $1.9110. Approximately 31,536 shares traded hands during mid-day trading, 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 research note on Friday, September 25th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has an average rating of “Sell”.

Jin Medical International Stock Down 2.1%

The business has a 50-day simple moving average of $2.17 and a two-hundred day simple moving average of $2.39. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.95 and a quick ratio of 1.70.

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

About Jin Medical International

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.