Jin Medical International (NASDAQ:ZJYL) Shares Up 22.4% – Still a Buy?

Jin Medical International Ltd. (NASDAQ:ZJYLGet Free Report) shot up 22.4% during trading on Thursday . The stock traded as high as $1.42 and last traded at $1.20. 1,219,450 shares were traded during mid-day trading, an increase of 230% from the average session volume of 369,522 shares. The stock had previously closed at $0.98.

Jin Medical International Price Performance

The company’s 50-day moving average price is $1.32 and its 200 day moving average price is $2.35.

Jin Medical International Company Profile

(Get Free Report)

Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.

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