Majestic Ideal Holdings Ltd [NASDAQ: MJID] price surged by 17.13 percent to reach at $0.31.
A sum of 19427383 shares traded at recent session while its average daily volume was at 1.36M shares. Majestic Ideal Holdings Ltd shares reached a high of $2.25 and dropped to a low of $1.83 until finishing in the latest session at $2.12.
MJID Stock Performance Analysis:
Majestic Ideal Holdings Ltd [MJID] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -26.90.
Insight into Majestic Ideal Holdings Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Majestic Ideal Holdings Ltd [MJID] shares currently have an operating margin of 0.00% and a Gross Margin at 6.20%. Majestic Ideal Holdings Ltd’s Net Margin is presently recorded at -1.50%.
Majestic Ideal Holdings Ltd (MJID) Capital Structure & Debt Analysis
According to recent financial data for Majestic Ideal Holdings Ltd. ( MJID), the Return on Equity (ROE) stands at 20.00%, reflecting robust shareholder value creation. The Return on Assets (ROA) is -1.90%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Majestic Ideal Holdings Ltd’s Return on Invested Capital (ROIC) is -16.70%, showcasing its effectiveness in deploying capital for earnings.
Majestic Ideal Holdings Ltd (MJID) Efficiency & Liquidity Metrics
Majestic Ideal Holdings Ltd (MJID) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Majestic Ideal Holdings Ltd. (MJID) effectively leverages its workforce, generating an average of -$28571.43 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.80% and a Quick Ratio of 0.60%, indicating strong ability to cover short-term liabilities.
