5 times Within The Past Five Days, Scienjoy Holding Corporation (SJ) Hit A New High

Scienjoy Holding Corporation (NASDAQ:SJ) traded with a subtraction of -$1.16 to $2.69 on Thursday, a downside of -30.13 percent. An average of 1,658,284 shares of common stock have been traded in the last five days. There was a fall of -$0.32 in the past week, and it reached a new high 32 times over the past 12 months. The last 20 days have seen an average of 444,686 shares traded, while the 50-day average volume stands at 184,396.

SJ stock has decreased by -16.20% in the last month. The company shares reached their 1-month lowest point of $1.86 on 09/28/23. With the stock rallying to its 52-week high on 05/26/23, shares of the company touched a low of $1.25 and a high of $4.80 in 52 weeks. It has reached a new high 33 times so far this year and achieved 36.55% or $1.00 in price. In spite of this, the price is down -43.93% from the 52-week high.

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Valuation Metrics

Scienjoy Holding Corporation (SJ) has a trailing price-to-earnings (P/E) ratio of 6.49, which compares with the N/A for the broader industry. The stock’s beta is 0.99. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.47, the price-to-book (PB) ratio at 0.62.

Financial Health

The quick ratio of Scienjoy Holding Corporation for the recent quarter was 3.53, and the current ratio was 3.53, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.01 and a total debt to equity ratio of 0.02 for the recent quarter. Scienjoy Holding Corporation’s EBITDA margin is 8.41%, while its operating margin for the same period stands at 1.73%. Its gross profit as reported stood at $41.06 million compared to revenue of $283.2 million.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $28.03 million in the quarter, while revenues were grew 4.82%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Scienjoy Holding Corporation (SJ) price momentum. RSI 9-day as of the close on 27 September was 42.65%, suggesting the stock is Neutral, with historical volatility in this time frame at 150.84%.

As of today, SJ’s price is $3.53 -9.72% or -$0.32 from its 5-day moving average. SJ is currently trading +1.02% higher than its 20-day SMA and -27.38% lower than its 100-day SMA. However, the stock’s current price level is -4.50% below the SMA50 and +47.03% above the SMA200.

The stochastic %K and %D were 76.03% and 90.48%, respectively, and the average true range (ATR) was 0.56. With the 14-day stochastic at 38.15% and the average true range at 0.46, the RSI (14) stands at 46.02%. The stock has reached 0.21 on the 9-day MACD Oscillator while the 14-day reading was at 0.41.

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