JRSH Should I Buy
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Jerash Holdings (JRSH) is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company demonstrates strong revenue growth, expanding production capacity, and positive future projections, making it a solid long-term investment despite the lack of immediate trading signals.
The MACD is positive at 0.0302, indicating a potential upward trend, though it is contracting. RSI is neutral at 48.563, and moving averages are converging, suggesting no strong directional bias. The stock is trading pre-market at $3.21, slightly below the pivot level of $3.274, with support at $3.056 and resistance at $3.491.
Q3 2026 revenue increased by 18% YoY to $41.8 million, exceeding forecasts.
Acquisition of a new manufacturing facility in Jordan to increase production capacity by 40%.
Partnership with Hansoll Textile leading to large orders and customer base expansion.
Management projects a 23%-26% revenue increase for Q4 2026 YoY.
Gross margin improvement to 16.88% in Q3 2026, up 10.98% YoY.
Net income dropped significantly in Q3 2026, down -20261.47% YoY.
Lack of recent insider or hedge fund activity to indicate strong institutional confidence.
In Q3 2026, Jerash Holdings reported an 18% YoY revenue growth to $41.8 million, with EPS stable at $0.09. Gross margin improved to 16.88%, but net income dropped significantly, indicating potential cost pressures or one-time expenses.
No analyst rating or price target data available.
