The stock of Zhongjin Medical (ZJYL, Financial) experienced a significant drop of 5.60%. The price per share is now $2.36, with a trading volume of 74,314 shares and a turnover rate of 0.05%. The stock's volatility reached 5.72%.
According to recent financial data, Zhongjin Medical reported revenues of $10.56 million, a net profit of $1.79 million, and earnings per share of $0.01. The gross profit stands at $3.74 million, with a price-to-earnings ratio of 129.03. Currently, there are no institutional ratings for buying, holding, or selling this stock.
In the broader medical equipment sector, which saw an overall increase of 0.30%, Pro-Dex Inc., Sanara Medtech Inc., and AngioDynamics showed notable gains. Avinger Inc., AngioDynamics, and Sharps Technology Inc. had higher activity levels with turnover rates of 4.69%, 1.64%, and 1.17%, respectively. Stocks like Nyxoah Sa, Zentek Ltd., and Precision Optics Corporation, Inc. exhibited significant volatility with amplitudes of 11.03%, 10.63%, and 10.00%.
Zhongjin Medical, also known as Jin Medical International Ltd, specializes in rehabilitative equipment. The company designs, develops, manufactures, and sells wheelchairs and other assistive products for individuals with disabilities or mobility challenges. Their products, including the Wheelechaire series and various bath, oxygen, and care products, are distributed in both Chinese and international markets.
