Can JE Cleantech Holdings Limited (JCSE) Add Value To Your Portfolio?

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At the last check on Friday, JE Cleantech Holdings Limited’s (NASDAQ:JCSE) stock was up $0.19, moving up 25.69 percent to $0.96. The average number of shares traded per day over the past five days has been 2,477,306 shares. 3 times new highs have been achieved over the past 5 days, with a $0.2730 gain in that time frame. In the last twenty days, the average volume was 637,216, while in the previous 50 days, it was 291,115.

Since last month, JCSE stock retreated -3.04%. Shares of the company fell to $0.5500 on 11/21/22, the lowest level in the past month. Since the beginning of this year, JCSE’s stock price has dropped by -95.97%. However, the stock has declined by -95.99% since its 52-week high.


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Financial Health

In the recent quarter, JE Cleantech Holdings Limited’s quick ratio stood at 1.40, while its current ratio was 2.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.37, and the total debt-to-equity ratio was 0.86. On the profitability front, the trailing twelve-month gross margin is 15.30% percent. In the recent year, operating margins totaled -5.80%.

JCSE’s revenue rose 100.0% during the quarter, while net income inched up to $10.92 million. The liabilities of JE Cleantech Holdings Limited were 11.04 million at the end of its most recent quarter, and its total debt was $13.32 million.

Technical Picture

This quick technical analysis looks at JE Cleantech Holdings Limited’s (JCSE) price momentum. With a historical volatility rate of 177.01%, the RSI 9-day stood at 73.92% on 23 November.

With respect to its five-day moving average, the current JE Cleantech Holdings Limited price is up by +41.11% percent or $0.2730. At present, JCSE shares trade +21.50% above its 20-day simple moving average and -92.32% percent below its 100-day simple moving average. However, the stock is currently trading approximately -30.07% below its SMA50.

Stochastic coefficient K was 75.57% and Stochastic coefficient D was 58.29%, while ATR was 0.1162. Given the Stochastic reading of 66.72% for the 14-day period, the RSI (14) reading has been calculated as 63.23%. As of today, the MACD Oscillator reading stands at 0.0678, while the 14-day reading stands at 0.0685.

Analyst Ratings

JE Cleantech Holdings Limited (JCSE) has been rated – by analysts. According to 0 brokerage firms, JCSE is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate JE Cleantech Holdings Limited stock as buy, with 0 recommending it as overweight.

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