JBDI (NASDAQ:JBDI) Releases Quarterly Earnings Results

JBDI (NASDAQ:JBDI) posted its earnings results on Friday. The company reported $0.00 earnings per share for the quarter, FiscalAI reports. The business had revenue of $2.04 million for the quarter.

JBDI Stock Down 3.8%

Shares of JBDI stock traded down $0.04 during trading hours on Friday, reaching $1.00. 86,661 shares of the stock traded hands, compared to its average volume of 894,188. JBDI has a 1-year low of $0.49 and a 1-year high of $3.00. 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 business has a fifty day moving average price of $0.79 and a 200 day moving average price of $1.13.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of JBDI in a research note on Friday, October 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

JBDI Company Profile

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.