(JRSH) Jerash Holdings US - Ratings and Ratios

Jerash Holdings (US), Inc., a NASDAQ-listed company (ticker: JRSH), specializes in the manufacturing and export of customized and ready-made sportswear and outerwear. The company produces a diverse range of apparel, including t-shirts, jackets, vests, pants, shorts, and polo shirts, primarily utilizing knitted fabrics. Additionally, Jerash Holdings manufactures personal protective equipment (PPE), a segment that has gained significance amid global health crises. The company serves a global clientele of brand-name retailers, with a strong presence in the United States, Hong Kong, Germany, Jordan, and other international markets. Headquartered in Fairfield, New Jersey, Jerash Holdings was incorporated in 2016 and has since established itself as a key player in the apparel manufacturing industry. Web URL: https://www.jerashholdings.com.

From a financial perspective, Jerash Holdings operates with a market capitalization of $45.43 million USD. The company’s price-to-book (P/B) ratio stands at 0.72, indicating that its stock is trading below its book value. The price-to-sales (P/S) ratio of 0.33 suggests a relatively low valuation compared to its revenue. However, the return on equity (RoE) is negative at -5.99%, reflecting challenges in profitability. The forward P/E ratio is not available, as the trailing P/E is also listed as 0.00, likely due to inconsistent earnings performance. The company’s technical indicators show a last price of $3.64, with a 20-day SMA of $3.65 and a 50-day SMA of $3.50, suggesting a slight upward trend in the short term. The 200-day SMA of $3.09 indicates longer-term growth. The Average True Range (ATR) of 0.13 highlights relatively low volatility in the stock price over the past 20 days, with an average daily trading volume of 23,337 shares.

Over the next three months, based on the provided data, Jerash Holdings’ stock (JRSH) is expected to experience modest price fluctuations. The SMA crossover analysis suggests that the stock may face resistance near the $3.65 level, with potential downside risk if it fails to breach this point. The low ATR of 0.13 indicates that price movements will likely remain constrained, with a forecasted range between $3.40 and $3.80. The negative RoE and lack of forward P/E suggest investor caution, but the low P/S ratio could attract value investors. Overall, the stock is projected to trade sideways with limited upside potential in the near term.