JX Luxventure Group (NASDAQ:JXG) Announces Quarterly Earnings Results

JX Luxventure Group (NASDAQ:JXG) released its quarterly earnings results on Thursday. The company reported ($1.00) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $34.24 million for the quarter.

JX Luxventure Group Price Performance

JXG stock traded up $1.81 during trading on Thursday, reaching $12.95. 29,578 shares of the stock were exchanged, compared to its average volume of 18,278. The business has a 50 day moving average price of $7.86 and a 200-day moving average price of $6.66. JX Luxventure Group has a 1 year low of $3.01 and a 1 year high of $13.97.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of JX Luxventure Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, October 29th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, JX Luxventure Group has a consensus rating of “Sell”.

About JX Luxventure Group

JX Luxventure Group Limited is a China-based holding company focused on apparel, consumer products, cross-border e-commerce and related logistics services. Through its operating subsidiaries, the company sells products through online and offline channels and supports the import, export and distribution of merchandise. The company’s product activities have included clothing, footwear, luggage and other consumer goods. JX Luxventure has also pursued business opportunities involving the distribution of international brands and the development of cross-border supply-chain and logistics capabilities, serving customers and business partners in China and international markets.