JX Luxventure Limited (JXJT): What Analysts Say?

The stock of JX Luxventure Limited (NASDAQ:JXJT) increased by $0.42 on Wednesday to $1.97, up 27.10 percent. The last five days have seen an average of 780,892 shares of common stock traded. 7 times new highs were reached in the current year, with a fall of -$6.0086. The average number of shares traded over the last 20 days was 244,983, while the average volume over the last 50 days totaled 208,655.

JXJT stock dropped -15.45% since last month. On 08/15/23, the company’s shares reached a one-month low of $1.4500. The stock touched a high of $14.70 on 02/09/23, after rallying from a low of $1.45 in 52 weeks. The price of JXJT stock has declined by -75.98% or -$6.0086 this year, reaching a new high 7 times. Still, the stock price is down -86.60% from the 52-week high.

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Valuation Metrics

Beta for the stock is 1.16. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.01, the price-to-book (PB) ratio of 0.51.

Financial Health

For the recent quarter, JX Luxventure Limited’s quick ratio was 1.50, while its current ratio was 1.60, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 1.80% percent. JX Luxventure Limited’s EBITDA margin for the recent year was -68.39%, whereas its operating margin stood at -69.30% for the same period. Based on annual data, it had gross profit of $1.47 million and revenue of $79.88 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JXJT’s return on assets (ROA) during the last 12 months has been -202.70%. There was a -865.60% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -312.40%.

Technical Picture

Here’s a quick look at JX Luxventure Limited’s (JXJT) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 64.42%, suggesting the stock is Neutral, with a 190.46% historical volatility rate.

The stochastic %K and %D were 36.28% and 22.68% respectively, while the average true range (ATR) was 0.3313. Based on the 14-day stochastic reading of 64.47%, the RSI (14) reading is 54.65%. On the 9-day MACD Oscillator, the stock is at 0.0412, and the 14-day reading is at 0.0183.

Analyst Ratings

Analysts have assigned JX Luxventure Limited (JXJT) an – rating. JXJT is a stock that is recommended for selling by 0 brokerage firms, while 0 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.

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