J-Long Group (NASDAQ:JL) Trading Down 1.3% – What’s Next?

Shares of J-Long Group Limited (NASDAQ:JL) dropped 1.3% during trading on Monday . The stock traded as low as $5.93 and last traded at $6.19. Approximately 4,413 shares changed hands during trading, a decline of 66% from the average daily volume of 12,957 shares. The stock had previously closed at $6.27.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of J-Long Group in a report on Monday. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, J-Long Group currently has a consensus rating of “Sell”.

J-Long Group Trading Down 2.0%

The company has a quick ratio of 2.36, a current ratio of 2.79 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average is $5.40 and its 200 day moving average is $5.83.

J-Long Group (NASDAQ:JL) last issued its quarterly earnings results on Tuesday, December 23rd. The company reported $0.31 EPS for the quarter. The firm had revenue of $11.35 million for the quarter.

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. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.