Jin Medical International (NASDAQ:ZJYL) Stock Price Down 7.7% – Should You Sell?

Jin Medical International Ltd. (NASDAQ:ZJYLGet Free Report) fell 7.7% during mid-day trading on Friday . The company traded as low as $0.61 and last traded at $0.62. 131,049 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 305,399 shares. The stock had previously closed at $0.67.

Jin Medical International Price Performance

The company’s 50-day simple moving average is $0.79 and its 200 day simple moving average is $1.29.

About Jin Medical International

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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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