Janel World Trade (OTCMKTS:JANL) Shares Down 7.5% – Time to Sell?

by · The Cerbat Gem

Janel World Trade Ltd. (OTCMKTS:JANLGet Free Report)’s share price fell 7.5% on Wednesday . The company traded as low as $37.00 and last traded at $37.00. 100 shares were traded during trading, an increase of 539% from the average session volume of 16 shares. The stock had previously closed at $40.00.

Janel World Trade Stock Performance

The company has a market cap of $44.03 million, a PE ratio of 8.87 and a beta of 0.14. The company has a current ratio of 0.74, a quick ratio of 0.70 and a debt-to-equity ratio of 0.35. The business has a fifty day moving average of $35.25 and a 200-day moving average of $35.68.

Janel World Trade (OTCMKTS:JANLGet Free Report) last released its quarterly earnings data on Friday, December 5th. The company reported $2.12 earnings per share for the quarter. The business had revenue of $56.21 million during the quarter. Janel World Trade had a return on equity of 23.78% and a net margin of 2.61%.

About Janel World Trade

(Get Free Report)

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.

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