The stock of Jin Medical International Ltd (ZJYL, Financial) experienced significant volatility, plunging 5.37%. It is currently trading at $1.85 per share with a trading volume of 86,599 shares and a turnover rate of 0.06%, showing a fluctuation of 7.45%.
Recent financial results reveal an operating revenue of $10.56 million, a net profit of $1.79 million, and earnings per share (EPS) of $0.01. The company achieved a gross profit of $3.74 million, resulting in a price-to-earnings (P/E) ratio of 12.07. No institutional ratings have been issued for this stock at the moment.
Within the medical device industry, in which Jin Medical operates, the overall market saw a 1.12% increase. Other notable stocks include Nexgel Inc, and Pulse Biosciences, Inc, which showed substantial growth. Meanwhile, Meihua International, Bionano Genomics, Inc., and Avinger, Inc. were active with varying turnover rates and fluctuations.
Jin Medical International Ltd specializes in rehabilitation equipment, focusing on designing, developing, manufacturing, and selling wheelchairs and other assistive living products for individuals with disabilities or mobility challenges. Their products are distributed to dealers in China and international markets, covering a range of items including wheelchairs, bathing products, oxygen machines, care products, and conlo products.
