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Is Jerash Holdings (US) Inc (JRSH) a Stock to Watch This Week?

Thursday, October 22, 2020 02:57 PM | InvestorsObserver Analysts

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Is Jerash Holdings (US) Inc (JRSH) a Stock to Watch This Week?

Overall market sentiment has been high on Jerash Holdings (US) Inc (JRSH) stock lately. JRSH receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.

Sentiment Score - ,bullish
Jerash Holdings (US) Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JRSH!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.

Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.

InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.

Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With JRSH Stock Today?

Jerash Holdings (US) Inc (JRSH) stock has risen 1.88% while the S&P 500 has fallen -1.63% as of 2:11 PM on Thursday, Oct 22. JRSH is higher by $0.09 from the previous closing price of $4.78 on volume of 44,282 shares. Over the past year the S&P 500 has gained 14.38% while JRSH has fallen -31.31%. JRSH earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.74.

To see the top 5 stocks in the Apparel Manufacturing industry click here.

More About Jerash Holdings (US) Inc

Jerash Holdings (US) Inc along with its subsidiaries is a manufacturer and exporter of customized, ready-made sport and outerwear from knitted fabric from its production facilities in Jordan. The company manufactures for retailers namely Walmart, Costco, Sears, Hanes, Columbia, Land's End, VF Corporation, Philip-Van Heusen which owns brands such as The North Face, Nautica, Timberland, Wrangler, Lee, Jansport, Calvin Klein, Tommy Hilfiger, IZOD, Speedo etc. It derives its revenue from the manufacturing and sales of outerwear in the United States. The company's product offering consists of jackets, polo shirts, crew neck shirts, pants and shorts made from knitted fabric.

Click Here to get the full Stock Score Report on Jerash Holdings (US) Inc (JRSH) Stock.

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