JE Cleantech Holdings Limited (NASDAQ:JCSE) finished Friday with an addition of $0.01 to close at $0.37, an upside of 2.92 percent. An average of 2,397,780 shares of common stock have been traded in the last five days. There was a fall of -$0.0003 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 643,975 shares traded, while the 50-day average volume stands at 269,600.
JCSE stock has decreased by -30.08% in the last month. The company shares reached their 1-month lowest point of $0.2411 on 08/23/23. With the stock rallying to its 52-week high on 02/09/23, shares of the company touched a low of $0.24 and a high of $1.98 in 52 weeks. It has reached a new high 3 times so far this year and lost -49.73% or -$0.3659 in price. In spite of this, the price is down -81.32% from the 52-week high.
Valuation Metrics
JE Cleantech Holdings Limited (JCSE) has a trailing price-to-earnings (P/E) ratio of 5.87. The stock’s beta is -0.57. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.41, the price-to-book (PB) ratio at 0.44.
Financial Health
The quick ratio of JE Cleantech Holdings Limited for the recent quarter was 1.00, and the current ratio was 1.90, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.33 and a total debt to equity ratio of 0.72 for the recent quarter. Its gross profit as reported stood at $3.83 million compared to revenue of $13.9 million.
Earnings Surprise
For the recent quarter, JE Cleantech Holdings Limited had $2.97 million in total debt. The company posted a net income of $0.89 million in the quarter, while revenues were grew 100.0%.
Technical Picture
From a technical analysis perspective, let’s take a brief look at JE Cleantech Holdings Limited (JCSE) price momentum. RSI 9-day as of the close on 25 August was 43.23%, suggesting the stock is Neutral, with historical volatility in this time frame at 245.84%.
As of today, JCSE’s price is $0.3259 -0.08% or -$0.0003 from its 5-day moving average. JCSE is currently trading -28.87% lower than its 20-day SMA and -29.76% lower than its 100-day SMA. However, the stock’s current price level is -34.85% below the SMA50 and -48.63% below the SMA200.
The stochastic %K and %D were 24.99% and 13.79%, respectively, and the average true range (ATR) was 0.1041. With the 14-day stochastic at 35.89% and the average true range at 0.0898, the RSI (14) stands at 41.65%. The stock has reached -0.0337 on the 9-day MACD Oscillator while the 14-day reading was at -0.0832.
