JCSE Stock Summary and Trading Ideas (Je Cleantech Hldgs | NASDAQ:JCSE)

JE Cleantech Holdings Ltd is engaged in the manufacturing and selling of cleaning systems and other equipment that can be categorized into four different categories, namely aqueous washing systems, plating and cleaning systems, train cleaning systems, and other equipment, such as filtration units. The product lives of its cleaning systems and other equipment range from two to ten years. The company is also into designing, developing, and manufacturing other cleaning systems for various industrial end-use applications using its R&D and engineering capabilities. It derives a majority of its revenue from Singapore.

Je Cleantech Hldgs trades on the NASDAQ stock market under the symbol JCSE.

As of December 13, 2024, JCSE stock price declined to $1.47 with 29,767 million shares trading.

JCSE has a beta of -0.94, meaning it tends to be less sensitive to market movements. JCSE has a correlation of 0.01 to the broad based SPY ETF.

JCSE has a market cap of $7.80 million. This is considered a Sub-Micro Cap stock.

JCSE has outperformed the market in the last year with a price return of +95.0% while the SPY ETF gained +29.9%. JCSE has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +27.9% and +31.1%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

JCSE support price is $1.38 and resistance is $1.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JCSE shares will trade within this expected range on the day.