J-Long Group (NASDAQ:JL) Shares Up 13.4% – What’s Next?
by Kim Johansen · The Markets DailyShares of J-Long Group Limited (NASDAQ:JL – Get Free Report) shot up 13.4% during trading on Thursday . The stock traded as high as $4.15 and last traded at $4.15. 66,157 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 104,600 shares. The stock had previously closed at $3.66.
J-Long Group Price Performance
The company has a fifty day simple moving average of $3.67 and a two-hundred day simple moving average of $4.04. The company has a quick ratio of 1.84, a current ratio of 2.67 and a debt-to-equity ratio of 0.14.
J-Long Group Company Profile
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.