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

by · The Cerbat Gem

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

J-Long Group Trading Up 1.8%

Shares of NASDAQ JL opened at $6.10 on Tuesday. The business’s 50 day moving average price is $5.43 and its 200 day moving average price is $5.81. J-Long Group has a 52 week low of $2.60 and a 52 week 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 15th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

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J-Long Group Company Profile

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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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