Tuesday Jan 14 2025 08:09
4 min
Stock forecast and prediction, JYD is a stock that operates within a specific industry, and understanding its performance requires examining various factors, including financial metrics, market conditions, and industry trends.
Jayud Global Logistics Limited, listed on NASDAQ as JYD, is a prominent end-to-end supply chain solution provider based in Shenzhen, China. The company specializes in cross-border logistics services and operates across various sectors, including:
JYD stock price analysis: key support and resistance levels can help identify potential price movements, with support levels indicating where buying interest may emerge, while resistance levels highlight where selling pressure could increase. Evaluating the 50-day and 200-day moving averages provides insights into long-term trends, helping to confirm bullish or bearish sentiments. Additionally, monitoring the RSI (Relative Strength Index) is crucial for identifying overbought or oversold conditions, signaling potential price corrections, whereas the MACD (Moving Average Convergence Divergence) can gauge momentum shifts; a bullish crossover in the MACD may indicate favorable buying opportunities for investors looking to capitalize on upward price movements.
Supply Chain Management
Value-Added Services
With strategic locations and a robust operational network, Jayud supports logistics via ocean, air, and overland routes.
Recent Developments
Key Partnerships and Agreements
Lenovo Partnership: Jayud has extended its Logistics Service Agreement with Lenovo PC HK Limited, enhancing post-sale logistics services. This partnership has been vital since its initiation in November 2017.
Pinduoduo Agreement: Jayud finalized an extension of its First-Mile Logistics Service Agreement with Pinduoduo, managing overseas logistical operations in the U.S. and Europe, crucial for Pinduoduo’s global expansion.
Collaboration with Shandong Oranda Logistics: This partnership aims to enhance capabilities in sea, air, and land transportation through shared resources.
Air Charter Service Agreement: Jayud has established a new service on the Shenzhen-to-Clark, Philippines route with Jiangsu Jingdong Cargo Airlines, boosting cargo capacity.
Acquisitions: The company recently acquired 51% stakes in Qingdao Oranda Supply Chain Management and Shenzhen Jiniu International Logistics, reinforcing its market position and expanding its service offerings.
Recent Stock Performance
Current Stock Price
As of January 13, 2025, Jayud Global Logistics (JYD) is trading at $2.13.
Jayud has a market capitalization of approximately $217.0 million.
Stock Rankings
Ranked #3813 by Market Cap
Insider Ownership: 15.91%
Institutional Ownership: 0.05%
Short Percentage: 0.33%
Recent News Highlights
Compliance with Nasdaq: Jayud has regained compliance with Nasdaq's minimum bid price requirement as of November 27, 2024, following a prior deficiency notice.
U.S. Operations Expansion: Jayud has made strategic acquisitions in California and Georgia to enhance its U.S. operations.
Partnership with iMile: A new partnership aimed at providing supply chain solutions for iMile across China was announced, capitalizing on the growing e-commerce market in the Middle East.
What services does Jayud Global Logistics Limited offer?
Jayud provides comprehensive logistics services, including freight forwarding and supply chain management.
Where is Jayud Global Logistics Limited headquartered?
The company is headquartered in Shenzhen, China.
What recent achievements has Jayud Global Logistics accomplished?
Recent achievements include partnerships with Lenovo and Pinduoduo, new air charter services, and strategic acquisitions to expand its capabilities.
How is Jayud expanding its global footprint?
Through organic growth and strategic acquisitions, Jayud is enhancing its market position and service offerings across various regions.
Jayud Global Logistics Limited continues to strengthen its position in the logistics sector through strategic partnerships, acquisitions, and service expansions. Investors should monitor these developments closely as they may impact the company's stock performance in the future. For more information, visit Jayud's official website.
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Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.