J-Long Group (NASDAQ:JL) Posts Earnings Results

by · The Markets Daily

J-Long Group (NASDAQ:JL – Get Free Report) posted its earnings results on Tuesday. The company reported $0.31 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $11.35 million during the quarter.

J-Long Group Price Performance

NASDAQ:JL opened at $5.92 on Thursday. The firm’s fifty day moving average price is $5.42 and its 200 day moving average price is $5.82. J-Long Group has a 1-year low of $2.60 and a 1-year high of $13.41. The company has a current ratio of 2.68, a quick ratio of 2.24 and a debt-to-equity ratio of 0.05.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e)” rating on shares of J-Long Group in a research note on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, J-Long Group currently has an average rating of “Sell”.

View Our Latest Analysis on JL

About J-Long Group

(Get Free Report)

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.

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