Analysis Of The Weekly Performance Of E-Home Household Service Holdings Ltd (EJH)

E-Home Household Service Holdings Ltd (NASDAQ:EJH) traded with an addition of $0.13 to close at $1.14on Friday, an upside of 12.96 percent. An average of 2,435,901 shares of common stock have been traded in the last five days. There was a gain of $0.2109 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 764,859 shares traded, while the 50-day average volume stands at 599,794.

EJH stock has increased by 12.96% in the last month. The company shares reached their 1-month lowest point of $0.8900 on 09/27/23. With the stock rallying to its 52-week high on 01/06/23, shares of the company touched a low of $0.89 and a high of $214.00 in 52 weeks. It has reached a new high 4 times so far this year and lost -97.35% or -$41.8401 in price. In spite of this, the price is down -99.47% from the 52-week high.

Valuation Metrics

E-Home Household Service Holdings Ltd (EJH) has a trailing price-to-earnings (P/E) ratio of N/A for the broader industry. The stock’s beta is 0.88. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.45, the price-to-book (PB) ratio at 0.00.

Financial Health

The quick ratio of E-Home Household Service Holdings Ltd for the recent quarter was 5.43, and the current ratio was 5.57, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.08 and a total debt to equity ratio of 0.10 for the recent quarter. Its gross profit as reported stood at $19.36 million compared to revenue of $63.75 million.

Earnings Surprise

The company posted a net income of -$5.43 million in the quarter, while revenues were grew 217.86%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at E-Home Household Service Holdings Ltd (EJH) price momentum. RSI 9-day as of the close on 28 September was 63.27%, suggesting the stock is Neutral, with historical volatility in this time frame at 209.04%.

As of today, EJH’s price is $0.9999 +22.46% or $0.2109 from its 5-day moving average. EJH is currently trading +15.34% higher than its 20-day SMA and -58.93% lower than its 100-day SMA. However, the stock’s current price level is -8.67% below the SMA50 and -97.69% below the SMA200.

The stochastic %K and %D were 42.33% and 26.42%, respectively, and the average true range (ATR) was 0.1167. With the 14-day stochastic at 75.12% and the average true range at 0.1178, the RSI (14) stands at 57.37%. The stock has reached 0.0080 on the 9-day MACD Oscillator while the 14-day reading was at -0.0220.

Most Popular

Related Posts