Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, China Jo-Jo Drugstores Inc (NASDAQ: CJJD) closed at $1.75 down -5.63% from its previous closing price of $1.85. In other words, the price has decreased by -$5.63 from its previous closing price. On the day, 61739.0 shares were traded. CJJD stock price reached its highest trading level at $1.9599 during the session, while it also had its lowest trading level at $1.68.
Ratios:
For a deeper understanding of China Jo-Jo Drugstores Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.05. In the meantime, Its Debt-to-Equity ratio is 1.96 whereas as Long-Term Debt/Eq ratio is at 0.30.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CJJD now has a Market Capitalization of 10786799 and an Enterprise Value of 25358852. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 0.164 whereas that against EBITDA is -9.179.
Stock Price History:
The Beta on a monthly basis for CJJD is -0.13, which has changed by -0.5138889 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CJJD has reached a high of $4.85, while it has fallen to a 52-week low of $1.34. The 50-Day Moving Average of the stock is -10.86%, while the 200-Day Moving Average is calculated to be -21.28%.
Shares Statistics:
For the past three months, CJJD has traded an average of 11.42K shares per day and 25710 over the past ten days. A total of 6.65M shares are outstanding, with a floating share count of 4.11M. Insiders hold about 38.30% of the company’s shares, while institutions hold 0.31% stake in the company. Shares short for CJJD as of 1735603200 were 15032 with a Short Ratio of 1.32, compared to 1732838400 on 26669. Therefore, it implies a Short% of Shares Outstanding of 15032 and a Short% of Float of 0.27.
