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Jin Medical International (NASDAQ:ZJYL) Stock Price Up 26.8% - What's Next?

Jin Medical International logo with Medical background

Key Points

  • Jin Medical International Ltd. shares surged by 26.8%, closing at $0.72 after trading as high as $0.74.
  • The stock saw a significant increase in trading volume, reaching 938,249 shares, which is a 289% rise compared to its average volume.
  • Jin Medical specializes in designing and manufacturing wheelchairs and other mobility aids for individuals with disabilities, operating both in China and internationally.
  • MarketBeat previews the top five stocks to own by October 1st.

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report)'s share price traded up 26.8% during trading on Friday . The company traded as high as $0.74 and last traded at $0.72. 938,249 shares changed hands during mid-day trading, an increase of 289% from the average session volume of 241,074 shares. The stock had previously closed at $0.57.

Jin Medical International Price Performance

The stock has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.74.

Jin Medical International Company Profile

(Get Free Report)

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.

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