Jeffs’ Brands (NASDAQ:JFBR) Trading Down 11.7% – Should You Sell?

Shares of Jeffs’ Brands Ltd. (NASDAQ:JFBR) were down 11.7% on Tuesday . The stock traded as low as $2.66 and last traded at $2.78. Approximately 142,008 shares changed hands during mid-day trading, an increase of 57% from the average daily volume of 90,523 shares. The stock had previously closed at $3.15.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Jeffs’ Brands in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Jeffs’ Brands Stock Performance

The company has a current ratio of 2.33, a quick ratio of 1.51 and a debt-to-equity ratio of 0.83. The stock’s 50 day simple moving average is $4.27 and its 200 day simple moving average is $7.71.

About Jeffs’ Brands

Jeffs’ Brands Ltd, together with its subsidiaries, operates as an e-commerce company. It engages in the sale of various consumer products on Amazon online marketplace. The company offers knife-sharpening sets, sharpeners, and nonslip rubber bases under the KnifePlanet brand; steel and soft-tip dart sets under the CC-Exquisite brand; car door and sets protectors for pets under the PetEvo brand; and bag sets and party supply kits for children under the Whoobli brand.