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Jayud Global Logistics (NASDAQ:JYD) Shares Down 6.4% - Should You Sell?

Jayud Global Logistics logo with Transportation background

Jayud Global Logistics Limited (NASDAQ:JYD - Get Free Report)'s share price dropped 6.4% during trading on Wednesday . The company traded as low as $3.63 and last traded at $3.63. Approximately 33,829 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 2,121,893 shares. The stock had previously closed at $3.88.

Jayud Global Logistics Stock Up 0.6 %

The stock has a fifty day simple moving average of $3.35 and a 200 day simple moving average of $1.82.

Institutional Trading of Jayud Global Logistics

A number of institutional investors and hedge funds have recently modified their holdings of the business. Cubist Systematic Strategies LLC bought a new stake in shares of Jayud Global Logistics in the 4th quarter worth $34,000. Barclays PLC bought a new stake in shares of Jayud Global Logistics in the 4th quarter worth $35,000. Geode Capital Management LLC purchased a new position in shares of Jayud Global Logistics in the 4th quarter worth $63,000. Citadel Advisors LLC purchased a new position in shares of Jayud Global Logistics in the 4th quarter worth $145,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Jayud Global Logistics in the 4th quarter worth $993,000. Institutional investors own 67.92% of the company's stock.

Jayud Global Logistics Company Profile

(Get Free Report)

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.

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