J-Star (NASDAQ:YMAT) Stock Price Up 94.3% – Should You Buy?

J-Star Holding Co., Ltd (NASDAQ:YMAT) shares shot up 94.3% during mid-day trading on Wednesday . The company traded as high as $0.9825 and last traded at $0.75. 170,280,527 shares traded hands during mid-day trading, an increase of 1,557% from the average session volume of 10,277,690 shares. The stock had previously closed at $0.3860.

J-Star Price Performance

The stock’s fifty day moving average is $0.62 and its 200-day moving average is $0.54.

J-Star (NASDAQ:YMAT) last announced its earnings results on Thursday, April 30th. The company reported ($0.62) earnings per share for the quarter. The business had revenue of ($0.33) million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in J-Star stock. Citadel Advisors LLC bought a new position in shares of J-Star Holding Co., Ltd (NASDAQ:YMAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 68,530 shares of the company’s stock, valued at approximately $82,000. Citadel Advisors LLC owned 0.40% of J-Star at the end of the most recent reporting period.

About J-Star

J-Star Holding Co, Ltd. is a provider of carbon fiber and composite solutions across a wide range of applications including personal sports equipment, healthcare products, automobile parts, resin systems, and research and development services. J-Star Holding Co, Ltd. is based in TAICHUNG CITY, Taiwan.