JE Cleantech Holdings Limited (NASDAQ:JCSE) saw a downside of -8.93% to close Tuesday at $0.31 after subtracting -$0.03 on the day. The 5-day average trading volume is 384,220 shares of the company’s common stock. It has gained $0.4979 in the past week and touched a new high 1 time within the past 5 days. An average of 126,835 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 63,458.
JCSE’s 1-month performance is -35.09% or -$0.2348 on its low of $0.3011 reached on 08/22/23. The company’s shares have touched a 52-week low of $0.33 and high of $2.08, with the stock’s rally to the 52-week high happening on 02/09/23. YTD, JCSE has lost -58.53% or -$0.4307 and has reached a new high 3 times. However, the current price is down -85.33% from the 52-week high price.
Valuation Metrics
JCSE stock has a beta of -0.56. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.34 while the price-to-book (PB) in the most recent quarter is 0.36.
JE Cleantech Holdings Limited’s quick ratio for the recent period was 1.00, with the current ratio over the same period at 1.90.. In terms of profitability, the gross margin trailing 12 months is 27.50%. The trailing 12-month EBITDA margin is 13.07%. The firm’s gross profit as reported stood at $3.83 million against revenue of $13.9 million.
Earnings Surprise
Net income grew 100.0% to $0.89 million, while revenue of $0.0 was 100.0% off the previous quarter. JCSE stock balance sheet for the recent quarter shows that total liabilities totaled 14.31 million, with total debt at $11.86 million.
Let’s look briefly at JE Cleantech Holdings Limited (JCSE) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 22.06% to suggest the stock is trending oversold, with historical volatility in this time period at 137.11%.
The stock’s 5-day moving average is $0.3543, reflecting a -40.16% or -$0.2048 change from its current price. JCSE is currently trading -40.18% above its 20-day SMA, -42.43% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -47.17% and SMA200 by-60.81%.
Stochastic %K and %D was 3.69% and 4.11% and the average true range (ATR) pointed at 0.0651. The RSI (14) points at 28.40%, while the 14-day stochastic is at 1.61% with the period’s ATR at 0.0637. The stock’s 9-day MACD Oscillator is pointing at -0.0821 and -0.1159 on the 14-day charts.
