JBDI (NASDAQ:JBDI) Shares Up 11.3% – What’s Next?

Shares of JBDI Holdings Limited (NASDAQ:JBDI) traded up 11.3% during mid-day trading on Thursday . The company traded as high as $0.93 and last traded at $0.92. 1,159,064 shares changed hands during mid-day trading, an increase of 5,477% from the average session volume of 20,783 shares. The stock had previously closed at $0.8269.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of JBDI in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

JBDI Stock Performance

The company has a quick ratio of 3.00, a current ratio of 3.18 and a debt-to-equity ratio of 0.26. The firm has a fifty day moving average of $1.17 and a 200 day moving average of $1.21.

About JBDI

JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited operates as a subsidiary of E U Holdings Pte.