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Ping An Biomedical Co Ltd formerly Majestic Ideal Holdings Ltd is a Cayman Islands-based holding company, conducting operations through its PRC subsidiary, NewBrand. The group is a provider of SCM services in the apparel industry, offering solutions for a broad range of yarn products, textiles, and finished garments. Its service offerings encompass every key aspect of the supply chain of textile products, such as market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The group has two reportable segments, yarns and finished garments. The majority of its revenue is generated from the sale of yarns, including pure cashmere and cashmere-mix yarn, merino wool, cotton, and fancy yarn.
Ping An Biomedical trades on the NASDAQ stock market under the symbol MJID.
As of February 4, 2026, MJID stock price was flat at $1.24 with million shares trading.
MJID has a beta of 0.25, meaning it tends to be less sensitive to market movements. MJID has a correlation of 0.00 to the broad based SPY ETF.
MJID has a market cap of $25.42 million. This is considered a Sub-Micro Cap stock.
MJID support price is $1.24 and resistance is $1.24 (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 MJID shares will trade within this expected range on the day.
