Jayud Global Logistics (NASDAQ:JYD) Trading Down 0.8%

Shares of Jayud Global Logistics Limited (NASDAQ:JYD) fell 0.8% during mid-day trading on Tuesday . The stock traded as low as $0.70 and last traded at $0.73. 1,095 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 62,711 shares. The stock had previously closed at $0.74.

Jayud Global Logistics Stock Performance

The stock has a 50-day moving average of $0.67 and a 200-day moving average of $0.77.

Institutional Investors Weigh In On Jayud Global Logistics

An institutional investor recently raised its position in Jayud Global Logistics stock. Hohimer Wealth Management LLC grew its holdings in Jayud Global Logistics Limited (NASDAQ:JYD) by 42.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 53,294 shares of the company’s stock after purchasing an additional 16,000 shares during the period. Hohimer Wealth Management LLC owned approximately 0.25% of Jayud Global Logistics worth $59,000 as of its most recent SEC filing. 67.92% of the stock is owned by institutional investors.

Jayud Global Logistics Company Profile

Jayud Global Logistics Limited, through its subsidiaries, provides a range of cross-border supply chain solution services worldwide. The company offers freight forwarding services, including integrated cross-border logistics, fragmented logistics services, and chartered airline freight services. It also offers supply chain management services, such as international trading and agent services; and other value-added services comprising custom brokerage and intelligent logistic IT systems.