ZJYL Sees a Stock Surge of 5.04% Amid Positive Financial Performance

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Oct 02, 2024

Jin Medical International Ltd (ZJYL, Financial) experienced a significant stock price increase of 5.04%, reaching $2.71 per share, with a trading volume of 112,221 shares and a turnover rate of 0.07%. The stock's amplitude was recorded at 6.59%.

Recent financial reports reveal that ZJYL achieved a revenue of $10.56 million, a net profit of $1.79 million, and earnings per share of $0.01. The company's gross profit stands at $3.74 million, with a price-to-earnings ratio of 143.01. Currently, no institutions have issued buy, hold, or sell ratings for this stock.

In the broader medical equipment industry, the sector saw an overall increase of 0.30%. Notable gainers include Innovative Eyewear, Inc. Other active stocks in the industry are Innovative Eyewear Inc C/Wts 16/08/2027 (To Pur Com) Ser A, Pro-Dex, Inc., Avinger, Inc., and Predictive Oncology Inc. High amplitude stocks in the sector include Sharps Technology Inc C/Wts (To Pur Com), Innovative Eyewear, Inc., and Innovative Eyewear Inc C/Wts 16/08/2027 (To Pur Com) Ser A, with amplitudes of 37.67%, 32.00%, and 20.96% respectively.

Jin Medical International Ltd specializes in rehabilitation equipment such as wheelchairs and other assistive living products for disabled or mobility-impaired individuals. The company's products are sold to distributors in both the Chinese and international markets. Their product range includes wheelchairs, bath products, oxygen machines, care products, and conlo products.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.