What Do Analysts Think Will Happen To JBDI Holdings Ltd (NASDAQ: JBDI)

The trading price of JBDI Holdings Ltd (NASDAQ:JBDI) closed higher on Monday, May 05, and closing at $0.82, 1.52% higher than its previous close.

In examining the 52-week price action we see that the stock hit a 52-week high of $39.41 and a 52-week low of $0.49. Over the past month, the stock has gained 14.28% in value.

JBDI Holdings Ltd, whose market valuation is $15.52 million at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.

A quick review shows that JBDI’s price is currently -1.26% off the SMA20 and 12.92% off the SMA50. The RSI metric on the 14-day chart is currently showing 51.56, and weekly volatility stands at 8.42%. When measured over the past 30 days, the indicator reaches 9.62%. JBDI Holdings Ltd (NASDAQ:JBDI)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.07.

To see how JBDI Holdings Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: JBDI stock’s performance was 1.52% in the latest trading.

An evaluation of the daily trading volume of JBDI Holdings Ltd (NASDAQ:JBDI) indicates that the 3-month average is 195.82K.

Currently, records show that 19.79 million of the company’s shares remain outstanding. The insiders hold 33.70% of outstanding shares, whereasinstitutions hold 0.50%. However, since the stock’s price has seen 26.58% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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