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Jayud Global Logistics (NASDAQ:JYD) Shares Gap Down - Should You Sell?

Jayud Global Logistics logo with Transportation background

Key Points

  • Jayud Global Logistics shares have gapped down, opening at $6.06 after a previous close of $6.67, and are currently trading at $5.15 with a volume of 47,370 shares.
  • Weiss Ratings has reiterated a “sell” rating for Jayud Global Logistics, reflecting a general consensus among analysts for the stock.
  • An institutional investor, Invesco Ltd., recently acquired a new stake in Jayud Global Logistics worth approximately $576,000, increasing institutional ownership to 67.92%.
  • Five stocks we like better than Jayud Global Logistics.

Jayud Global Logistics Limited (NASDAQ:JYD - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $6.67, but opened at $6.06. Jayud Global Logistics shares last traded at $5.15, with a volume of 47,370 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a "sell (e+)" rating on shares of Jayud Global Logistics in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of "Sell".

Check Out Our Latest Research Report on Jayud Global Logistics

Jayud Global Logistics Price Performance

The stock has a 50 day moving average of $8.21 and a 200-day moving average of $18.35.

Hedge Funds Weigh In On Jayud Global Logistics

An institutional investor recently bought a new position in Jayud Global Logistics stock. Invesco Ltd. acquired a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 74,867 shares of the company's stock, valued at approximately $576,000. Invesco Ltd. owned about 0.08% of Jayud Global Logistics as of its most recent filing with the SEC. 67.92% of the stock is owned by institutional investors.

Jayud Global Logistics Company Profile

(Get Free Report)

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.

See Also

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