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Jin Medical International (NASDAQ:ZJYL) Shares Down 7.7% - Here's Why

Jin Medical International logo with Medical background

Shares of Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) dropped 7.7% during mid-day trading on Friday . The stock traded as low as $0.61 and last traded at $0.62. Approximately 131,049 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 305,399 shares. The stock had previously closed at $0.67.

Jin Medical International Stock Performance

The company has a 50 day simple moving average of $0.77 and a 200 day simple moving average of $1.22.

About Jin Medical International

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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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