Kingold Jewelry (NASDAQ:KGJI) Shares Up 8.3%
Kingold Jewelry Inc. (NASDAQ:KGJI) shot up 8.3% on Wednesday . The company traded as high as $2.65 and last traded at $2.09, 558,943 shares were traded during trading. An increase of 589% from the average session volume of 81,074 shares. The stock had previously closed at $1.93.
The firm has a market capitalization of $22.04 million, a P/E ratio of 4.83 and a beta of 0.11. The business’s 50 day moving average is $1.67 and its two-hundred day moving average is $1.16. The company has a quick ratio of 1.81, a current ratio of 1.98 and a debt-to-equity ratio of 0.74.
Kingold Jewelry (NASDAQ:KGJI) last announced its earnings results on Tuesday, November 12th. The company reported ($2.18) earnings per share (EPS) for the quarter. The company had revenue of $382.79 million during the quarter. Kingold Jewelry had a net margin of 0.22% and a return on equity of 0.59%.
Kingold Jewelry, Inc designs, manufactures, and sells 24-karat gold jewelry and Chinese ornaments in the People's Republic of China. It offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, and pendants. The company sells its products to wholesalers and retailers under the Kingold brand.
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