Jayud Global Logistics (NASDAQ:JYD) Stock Falls 2.8% – Here’s What Happened

Shares of Jayud Global Logistics Limited (NASDAQ:JYD – Get Free Report) were down 2.8% during trading on Thursday. The company traded as low as $1.32 and last traded at $1.38. Approximately 56,611 shares were traded during mid-day trading, a decline of 97% from the average session volume of 1,867,774 shares. The stock had previously closed at $1.42.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Jayud Global Logistics in a report on Friday, August 14th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Read Our Latest Stock Report on JYD

Jayud Global Logistics Trading Up 32.6%

The firm’s 50-day moving average price is $0.99 and its two-hundred day moving average price is $1.56.

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 Jayud Global Logistics Limited (NASDAQ:JYD – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 13,400 shares of the company’s stock, valued at approximately $40,000. Renaissance Technologies LLC owned 0.41% of Jayud Global Logistics at the end of the most recent quarter. 67.92% of the stock is owned by institutional investors.

About Jayud Global Logistics

(Get Free Report)

Jayud Global Logistics Ltd. is a China-based logistics and supply chain services company headquartered in Shenzhen, Guangdong Province. The company provides integrated cross-border logistics solutions for businesses involved in international trade and supports the movement of goods between China and overseas markets.

Its services include freight forwarding by sea, air and land; customs clearance and brokerage; warehousing; transportation; and other supply chain management and logistics support services.

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