In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
J-Long Group Ltd (NASDAQ: JL) closed the day trading at $4.41 up 14.84% from the previous closing price of $3.84. In other words, the price has increased by $14.84 from its previous closing price. On the day, 78709.0 shares were traded. JL stock price reached its highest trading level at $4.41 during the session, while it also had its lowest trading level at $3.8.
Ratios:
For a better understanding of JL, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.84 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.14.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JL now has a Market Capitalization of 13847400 and an Enterprise Value of 11762039. As of this moment, J-Long’s Price-to-Earnings (P/E) ratio for their current fiscal year is 1260.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.81 while its Price-to-Book (P/B) ratio in mrq is 106.52. Its current Enterprise Value per Revenue stands at 0.414 whereas that against EBITDA is 22.274.
Stock Price History:
The Beta on a monthly basis for JL is -5.72, which has changed by -0.74957407 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, JL has reached a high of $273.52, while it has fallen to a 52-week low of $2.33. The 50-Day Moving Average of the stock is 6.23%, while the 200-Day Moving Average is calculated to be -4.29%.
Shares Statistics:
Over the past 3-months, JL traded about 145.60K shares per day on average, while over the past 10 days, JL traded about 92010 shares per day. A total of 31.40M shares are outstanding, with a floating share count of 1.03M. Insiders hold about 67.17% of the company’s shares, while institutions hold 0.71% stake in the company. Shares short for JL as of 1738281600 were 102511 with a Short Ratio of 0.70, compared to 1735603200 on 24462. Therefore, it implies a Short% of Shares Outstanding of 102511 and a Short% of Float of 9.94.
