Janel World Trade (OTCMKTS:JANL) Stock Price Up 6.2% – What’s Next?

Janel World Trade Ltd. (OTCMKTS:JANL) shares rose 6.2% during mid-day trading on Monday. The stock traded as high as $51.00 and last traded at $51.00. 100 shares changed hands during trading, an increase of 12% from the average daily volume of 89 shares. The stock had previously closed at $48.00.

Janel World Trade Trading Up 6.2%

The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $60.69 million, a PE ratio of 11.28 and a beta of -0.37. The business’s fifty day moving average is $51.39 and its 200-day moving average is $49.73.

Janel World Trade (OTCMKTS:JANL) last issued its earnings results on Friday, August 7th. The company reported $1.63 earnings per share for the quarter. The firm had revenue of $67.51 million for the quarter. Janel World Trade had a return on equity of 19.90% and a net margin of 2.49%.

Janel World Trade Company Profile

Janel World Trade Ltd. is a logistics and international trade services company that provides freight-forwarding and related supply-chain solutions. Its activities have included arranging the transportation of commercial goods by air and ocean, coordinating shipments, and assisting customers with the movement of products across international borders.

The company has also been associated with customs brokerage, import and export documentation, warehousing, distribution, and other logistics support services.