Wall Street is negative on Kingold Jewelry Inc (KGJI). On average, analysts give Kingold Jewelry Inc a Strong Sell rating. The average price target is $, which means analysts expect the stock to decrease by -100.00% over the next twelve months.
That average ranking earns Kingold Jewelry Inc an Analyst Rating of 0, which is better than 0% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Kingold Jewelry Inc Stock Today?
Kingold Jewelry Inc (KGJI) stock has gained 3.11% while the S&P 500 is down -0.14% as of 1:32 PM on Tuesday, Jul 28. KGJI is higher by $0.02 from the previous closing price of $0.61 on volume of 148,772 shares. Over the past year the S&P 500 is up 7.08% while KGJI is down -84.63%. KGJI earned $0.41 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 1.56.