PASW Stock Summary and Trading Ideas (Ping An Biomedical Co. Ltd. - Class A | NASDAQ:PASW)

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 Co. Ltd. - Class A trades on the NASDAQ stock market under the symbol PASW.

As of October 23, 2026, PASW stock price declined to $4.76 with 240,018 million shares trading.

PASW has a beta of -0.25, meaning it tends to be less sensitive to market movements. PASW has a correlation of 0.00 to the broad based SPY ETF.

PASW has a market cap of $592.86 million. This is considered a Small Cap stock.

PASW has underperformed the market in the last year with a price return of -83.3% while the SPY ETF gained +14.3%. PASW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.0% and -2.5%, respectively, while the SPY returned +3.2% and -2.4%, respectively.

PASW support price is $4.89 and resistance is $5.83 (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 PASW shares will trade within this expected range on the day.