Janel World Trade (OTCMKTS:JANL) Posts Earnings Results

Janel World Trade (OTCMKTS:JANL) released its quarterly earnings results on Friday. The company reported $1.63 EPS for the quarter, Zacks reports. The firm had revenue of $67.51 million for the quarter. Janel World Trade had a return on equity of 17.29% and a net margin of 2.14%.

Janel World Trade Stock Performance

Shares of JANL stock opened at $50.00 on Friday. The stock has a market capitalization of $59.50 million, a PE ratio of 11.06 and a beta of -0.30. The business’s 50 day simple moving average is $48.29 and its 200 day simple moving average is $48.94. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.70 and a quick ratio of 0.66. Janel World Trade has a one year low of $21.00 and a one year high of $58.00.

Janel World Trade Company Profile

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.