Shares of Jayud Global Logistics Limited (NASDAQ:JYD – Get Free Report) passed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $1.18 and traded as low as $1.11. Jayud Global Logistics shares last traded at $1.14, with a volume of 44,643 shares traded.
Wall Street Analyst Weigh In
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Jayud Global Logistics in a research report on Friday, August 14th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Research Report on JYD
Jayud Global Logistics Price Performance
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Jayud Global Logistics stock. Renaissance Technologies LLC acquired a new stake in shares of Jayud Global Logistics Limited (NASDAQ:JYD – Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,400 shares of the company’s stock, valued at approximately $40,000. Renaissance Technologies LLC owned about 0.41% of Jayud Global Logistics at the end of the most recent reporting period. 67.92% of the stock is currently owned by institutional investors and hedge funds.
Jayud Global Logistics Company Profile
Jayud Global Logistics Limited (NASDAQ: JYD) is a China-based logistics and supply chain services provider headquartered in Shenzhen. The company focuses on facilitating domestic and international trade through integrated logistics solutions for businesses and their cargo. Its services include freight forwarding, customs clearance, warehousing, cargo consolidation, trucking and other transportation-related support. Jayud also provides supply chain management services designed to coordinate the movement, storage and delivery of goods across multiple stages of the logistics process.
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