JRSH Stock Summary and Trading Ideas (Jerash Holdings (Us) | NASDAQ:JRSH)

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, and 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.

Jerash Holdings (Us) trades on the NASDAQ stock market under the symbol JRSH.

As of April 18, 2024, JRSH stock price climbed to $2.97 with 3,743 million shares trading.

JRSH has a market cap of $36.52 million. This is considered a Sub-Micro Cap stock.

Last quarter Jerash Holdings (Us) reported $28 million in Revenue and $.02 earnings per share. This fell short of revenue expectation by $-9 million and missed earnings estimates by -$.03.

In the last 3 years, JRSH stock traded as high as $9.20 and as low as $2.77.

The top ETF exchange traded funds that JRSH belongs to (by Net Assets): VTI, VXF, IWC, DFAT, BSVO.

JRSH has underperformed the market in the last year with a price return of -28.9% while the SPY ETF gained +22.3%. JRSH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.4% and -5.1%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

JRSH support price is $2.89 and resistance is $3.03 (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 JRSH stock will trade within this expected range on the day.