Janel World Trade (OTCMKTS:JANL) Shares Up 6.2% – What’s Next?

by · The Cerbat Gem

Shares of Janel World Trade Ltd. (OTCMKTS:JANL – Get Free Report) traded up 6.2% during trading on Monday. The stock traded as high as $51.00 and last traded at $51.00. Approximately 100 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 89 shares. The stock had previously closed at $48.00.

Janel World Trade Trading Up 6.2%

The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 0.53. The company’s fifty day moving average price is $51.39 and its two-hundred day moving average price is $49.73. The firm has a market cap of $60.69 million, a PE ratio of 11.28 and a beta of -0.37.

Janel World Trade (OTCMKTS:JANL – Get Free Report) last posted its quarterly earnings results on Friday, August 7th. The company reported $1.63 earnings per share (EPS) for the quarter. Janel World Trade had a net margin of 2.49% and a return on equity of 19.90%. The firm had revenue of $67.51 million during the quarter.

About Janel World Trade

(Get Free Report)

Janel World Trade Ltd. is a logistics and international trade services company that provides freight-forwarding and related supply-chain solutions. Its activities have included arranging the transportation of commercial goods by air and ocean, coordinating shipments, and assisting customers with the movement of products across international borders.

The company has also been associated with customs brokerage, import and export documentation, warehousing, distribution, and other logistics support services.

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