Streetbeat News

ZJYL

Jin Medical International Ltd.

https://www.zhjmedical.com

Industry

Medical - Instruments & Supplies

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. Jin Medical International Ltd. is a subsidiary of Jolly Harmony Enterprises Limited.

Open

0.76

Mkt cap

133M

Volume

264K

High

0.89

P/E Ratio

42.50

52-wk high

16.60

Low

0.76

Div yield

N/A

52-wk low

0.70

During Wednesday's intraday session, several healthcare stocks experienced significant movements. MSP Recovery (LIFW), Liquidia (LQDA), ENDRA Life Sciences (NDRA), Beyond Air (XAIR), Vicarious Surgical (RBOT), and Conduit Pharmaceuticals (CDT) saw their shares rise between 18.89% and 38.0%. Conversely, bluebird bio (BLUE), Tonix Pharmaceuticals (TNXP), Jin Medical International (ZJYL), Know Labs (KNW), argenx (ARGX), and Panbela Therapeutics (PBLA) witnessed declines ranging from 25.45% to 44.7%. Notably, Know Labs released Q4 earnings the previous day.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 5:31 pm

U.S. stocks were mostly lower with the Dow Jones falling around 75 points. FedEx Corporation (NYSE:FDX) reported Q2 earnings that missed estimates and lowered its full-year revenue outlook, which could negatively impact its stock price. Polished.com Inc. (NYSE:POL), ParaZero Technologies Ltd. (NASDAQ:PRZO), and Asset Entities Inc. (NASDAQ:ASST) saw their shares rise significantly. Conversely, bluebird bio, Inc. (NASDAQ:BLUE), Jin Medical International Ltd. (NASDAQ:ZJYL), and Harbor Custom Development, Inc. (NASDAQ:HCDI) experienced substantial declines in their share prices.

Portfolio Pulse from Avi Kapoor

December 20, 2023 | 2:43 pm

In Wednesday's pre-market session, several healthcare stocks experienced significant movements. Aclarion (ACON) saw a 75.8% increase, while Longeveron (LGVN) rose by 43.07%. Passage Bio (PASG), Dare Bioscience (DARE), Eterna Therapeutics (ERNA), and Kintara Therapeutics (KTRA) also saw upward movements. Conversely, bluebird bio (BLUE), Jin Medical International (ZJYL), argenx (ARGX), Xilio Therapeutics (XLO), Ontrak (OTRK), and Panbela Therapeutics (PBLA) experienced declines, with bluebird bio dropping 45.3%.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 1:07 pm

FedEx Corporation reported lower-than-expected earnings for Q2 and reduced its full-year revenue outlook, causing its shares to fall 9.6% in pre-market trading. Other stocks also moved lower in pre-market, including argenx SE after releasing topline study results, bluebird bio pricing a public offering, and Steelcase Inc. reporting mixed earnings.

Portfolio Pulse from Avi Kapoor

December 20, 2023 | 10:33 am

Jin Medical International Ltd. (NASDAQ:ZJYL) shares experienced a significant surge, followed by a pullback on Tuesday. The company's stock rose after announcing a preliminary MOU with Jiangsu Zhongjin Kanglu Information Technology Co., Ltd. last Thursday, to potentially acquire a stake in the latter. The due diligence process is expected to be completed by December 31, with detailed negotiations starting in March 2024. Despite an initial dip on Monday, the stock surged over 600% but retreated on Tuesday. The stock has also been trending on Stocktwits for two consecutive days. ZJYL shares were up 16.6% at $118.77 at the time of publication.

Portfolio Pulse from Ryan Gustafson

December 19, 2023 | 8:59 pm

Compugen Ltd. (CGEN) shares soared by over 200% after Gilead Sciences announced an exclusive licensing agreement for Compugen's pre-clinical immunotherapy program. Other stocks also moved significantly in Tuesday's mid-day session, with various companies experiencing gains due to positive developments such as FDA approvals, business accreditations, and favorable analyst upgrades. Conversely, some stocks fell sharply due to negative events like pricing of public offerings, discontinuation of joint development programs, and unfavorable patent litigation outcomes.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 6:34 pm

During Tuesday's intraday session, several healthcare stocks experienced significant movements. ProSomnus (OSA) led the gainers with a 68.7% increase, while Motus GI Holdings (MOTS) saw the largest decline among the losers, falling 37.2%. Other notable movers included Panbela Therapeutics (PBLA), Intelligent Bio Solutions (INBS), and bluebird bio (BLUE). Market capitalizations for these companies vary, with Jin Medical International (ZJYL) having the highest at $949.3 million.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:32 pm

U.S. stocks opened higher with the Dow Jones, NASDAQ, and S&P 500 all seeing gains. Materials shares led the market, while financial shares saw a slight decline. Accenture Plc (ACN) reported higher-than-expected Q1 earnings but provided a weaker sales forecast for Q2, expecting revenues to be lower than the consensus. Compugen Ltd. (CGEN), Panbela Therapeutics, Inc. (PBLA), and Jin Medical International Ltd. (ZJYL) saw significant stock price increases. Conversely, Motus GI Holdings, Inc. (MOTS), BYND Cannasoft Enterprises Inc. (BCAN), and ETAO International Co., Ltd. (ETAO) experienced notable declines in their share prices.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 2:42 pm

Motus GI Holdings, Inc. (MOTS) shares plummeted by 46.5% in pre-market trading after announcing a $5 million public offering. Other stocks experienced significant movement in pre-market trading, with notable gainers including Infobird Co., Ltd. (IFBD), Jin Medical International Ltd. (ZJYL), and SOBR Safe, Inc. (SOBR), among others. Conversely, several companies saw their shares decline, such as ETAO International Co., Ltd. (ETAO), bluebird bio, Inc. (BLUE), and Ebix, Inc. (EBIX), which filed for Chapter 11 bankruptcy.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 1:09 pm

HEICO Corporation reported Q4 sales that exceeded expectations, with shares rising 3.1% in pre-market trading. Other stocks also moved higher in the pre-market session, including Jin Medical International, Shengfeng Development, Cipher Mining, Enel Chile, Marathon Digital Holdings, Chewy, and Riot Platforms, with several influenced by Bitcoin's strength and insider buying activity.

Portfolio Pulse from Avi Kapoor

December 19, 2023 | 10:44 am

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