Jayud Global Logistics (NASDAQ:JYD – Get Free Report) issued its quarterly earnings data on Monday. The company reported ($1.12) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $23.35 million for the quarter.
Jayud Global Logistics Stock Performance
JYD stock traded up $0.46 during mid-day trading on Wednesday, hitting $3.68. 31,160 shares of the company were exchanged, compared to its average volume of 80,215. Jayud Global Logistics has a 1-year low of $2.38 and a 1-year high of $25.75. The firm’s 50 day simple moving average is $2.85 and its 200 day simple moving average is $3.72.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Jayud Global Logistics in a research note on Monday, March 23rd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.
Hedge Funds Weigh In On Jayud Global Logistics
A hedge fund recently bought a new stake in Jayud Global Logistics stock. Citadel Advisors LLC acquired a new position in shares of Jayud Global Logistics Limited (NASDAQ:JYD – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 196,915 shares of the company’s stock, valued at approximately $27,000. Citadel Advisors LLC owned 7.21% of Jayud Global Logistics at the end of the most recent reporting period. Institutional investors own 67.92% of the company’s stock.
About Jayud Global Logistics
Jayud Global Logistics Co, Ltd. is a China-based integrated supply chain service provider that offers a broad range of logistics solutions to multinational and domestic customers. The company’s core business encompasses international freight forwarding by sea, air, rail and road, as well as customs brokerage, warehousing, distribution and value-added services. Jayud Global Logistics leverages its vertically integrated network to deliver end-to-end visibility and control across the shipping process, aiming to streamline operations and reduce transit times for shippers in diverse industries.
In the area of freight forwarding, Jayud Global Logistics manages shipments of general and specialized cargo, including temperature-sensitive products, hazardous materials and oversized equipment.
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