JIADE LIMITED (NASDAQ:JDZG) shares are down Thursday as the company announced a registered direct offering of 12 million Class A ordinary shares at a price of 25 cents per share.
Details
The offering is expected to generate approximately $3 million in gross proceeds for the company, which will be used for general corporate purposes.
The transaction is anticipated to close on or about February 19, 2026, subject to customary closing conditions.
In addition, the offering allows for additional closings of up to 48 million shares if investors exercise their option to purchase more shares within 30 days of the initial closing date.
This strategic move indicates the company’s efforts to bolster its financial position amid current market conditions.
The offering aims to strengthen its financial position, which is critical as it continues to support a growing number of adult education institutions in China.
With a focus on enhancing its service offerings, Jiade is well-positioned in the education sector, which is increasingly reliant on technology-driven solutions.
Technical Analysis
The broader market experienced a downturn on the previous trading day, with the S&P 500 and Nasdaq both closing down. This decline in the market may have added pressure to JIADE’s stock, suggesting that the offering’s announcement could be exacerbating existing investor concerns.
JIADE’s stock is currently trading 85.5% below its 20-day simple moving average (SMA) and 89.8% below its 200-day SMA, indicating significant weakness in its price action. Shares have decreased 95.69% over the past 12 months and are positioned closer to their 52-week lows than highs.
The RSI is at 40.63, which is considered neutral territory, while the MACD shows a bearish trend with a MACD value of 0.0127, below the signal line of 0.0893. This combination suggests mixed momentum for the stock.
- Key Resistance: $1.00
- Key Support: 20 cents
Earnings & Analyst Outlook
JIADE LIMITED Class A Ordinary Shares is slated to provide its next financial update on May 20, 2026.
- EPS Estimate: 25 cents (Down from 30 cents YoY)
- Revenue Estimate: $5.00 Million (Down from $6.00 Million YoY)
- Valuation: Forward P/E of 4.0x (Indicates low valuation)
Analyst Consensus & Recent Actions: The stock carries a Hold Rating with an average price target of 50 cents. Recent analyst moves include:
- Goldman Sachs: Downgraded to Hold (Target 50 cents) (Jan. 15)
- Morgan Stanley: Initiated Coverage with Hold (Target 50 cents) (Feb. 1)
- JP Morgan: Maintained Neutral (Target 45 cents) (Feb. 5)
JDZG Price Action: Jiade shares were down 8.13% at $0.21 at the time of publication on Thursday. The stock is trading near its 52-week low of $0.20, according to Benzinga Pro data.
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