Jin Medical International (NASDAQ:ZJYL) Stock Price Down 8.8% on Analyst Downgrade

Jin Medical International Ltd. (NASDAQ:ZJYL - Get Free Report) shares traded down 8.8% on Monday after Weiss Ratings downgraded the stock from a hold (c-) rating to a sell (d+) rating. The stock traded as low as $0.31 and last traded at $0.31. 219,992 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 256,889 shares. The stock had previously closed at $0.34.Jin Medical International Price PerformanceThe firm's 50 day moving average price is $0.56 and its 200-day moving average price is $0.67.Jin Medical International Company Profile (Get Free Report)Jin Medical International Ltd. engages in the design, development, manufacturing, and sale of wheelchair and other living aids products for people with disabilities or impaired mobility in China and internationally. It also offers oxygen concentrators and bathing machines. The company was founded in 2006 and is based in Changzhou, China.Further ReadingFive stocks we like better than Jin Medical InternationalDividend Payout Ratio CalculatorGrowth Picks: 3 Low-Cost Stocks That Could Double in ValueStock Sentiment Analysis: How it WorksAre These 3 Beaten-Down Stocks Ready to Rebound?3 Stocks to Consider Buying in OctoberDoes the Trump-Induced Quantum Stock Rally Have Legs?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Jin Medical International Right Now?Before you consider Jin Medical International, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jin Medical International wasn't on the list.While Jin Medical International currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here