JWEL Stock Drops 7.12% Amid Lack of Institutional Ratings

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Dec 23, 2024

Jowell Global Ltd. (JWEL, Financial) experienced a significant stock decline of 7.12%, with shares priced at $2.61 and a trading volume of 2,013 shares. The turnover rate was 0.09%, and the stock's amplitude was 4.27%. Recent financial reports show the company generated $85.68 million in revenue, with a net loss of $3.73 million. Earnings per share stood at -$1.72, and the gross profit was $852,453, resulting in a price-to-earnings ratio of -0.71. Currently, no institutional recommendations for buying, holding, or selling the stock are available.

In the internet retail sector where Jowell Global operates, the overall growth was 0.39%. Notable performers in the industry included Kidpik Corp., LightInTheBox Holding, and Liberty Interactive Corp., with Kidpik Corp. showing high turnover and amplitude rates.

Jowell Global Ltd. is an e-commerce platform specializing in cosmetics, health and nutritional supplements, and home products, utilizing various sales channels such as online direct sales, authorized retail distribution, and live-stream marketing.

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.