The trading price of JBDI Holdings Ltd (NASDAQ:JBDI) closed higher on Monday, December 30, and closing at $0.65, 0.56% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.61 and $0.7799. In examining the 52-week price action we see that the stock hit a 52-week high of $39.41 and a 52-week low of $0.51. Over the past month, the stock has gained 6.42% in value.
JBDI Holdings Ltd, whose market valuation is $12.89 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that JBDI’s price is currently 3.78% off the SMA20 and -13.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.04, and weekly volatility stands at 17.13%. When measured over the past 30 days, the indicator reaches 13.00%. JBDI Holdings Ltd (NASDAQ:JBDI)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.12.
To see how JBDI Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: JBDI stock’s performance was 0.56% in the latest trading.
An evaluation of the daily trading volume of JBDI Holdings Ltd (NASDAQ:JBDI) indicates that the 3-month average is 923.61K. However, this figure has increased over the past 10 days to an average of 0.21.
Currently, records show that 19.79 million of the company’s shares remain outstanding. The insiders hold 33.70% of outstanding shares, whereas institutions hold 1.50%. The stats also highlight that short interest as of 2024-12-13, stood at 63650.0 shares, resulting in a short ratio of 0.34 at that time. From this, we can conclude that short interest is 158.00 of the company’s total outstanding shares. It is noteworthy that short shares in December were up slightly from the previous month’s figure, which was 31958.0. However, since the stock’s price has seen -93.56% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
