Market cap of Jiade Ltd [JDZG] reaches 12.02M – now what?

MU Stock

Jiade Ltd [NASDAQ: JDZG] traded at a low on Thursday, posting a -5.52 loss after which it closed the day’ session at $0.50.

The results of the trading session contributed to over 205731 shares changing hands. Over the past one week, the price volatility of Jiade Ltd stands at 22.61% while the volatility over the past one month is 13.64%.

The market cap for JDZG stock reached $12.02 million, with 24.44 million shares outstanding and 4.20 million shares in the current float. Compared to the average trading volume of 390.38K shares, JDZG reached a trading volume of 205731 in the most recent trading day, which is why market watchdogs consider the stock to be active.

How has JDZG stock performed recently?

Jiade Ltd [JDZG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.86. With this latest performance, JDZG shares dropped by -16.74% in over the last four-week period, additionally sinking by -55.32% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for JDZG stock in for the last two-week period is set at 38.79, with the RSI for the last a single of trading hit 37.81, and the three-weeks RSI is set at 40.11 for Jiade Ltd [JDZG]. The present Moving Average for the last 50 days of trading for this stock 0.6135, while it was recorded at 0.5299 for the last single week of trading, and 0.7090 for the last 200 days.

Insider trade positions for Jiade Ltd [JDZG]

There are presently around $0.60%, or 3.46%% of JDZG stock, in the hands of institutional investors.