JBDI (NASDAQ:JBDI) Releases Quarterly Earnings Results

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

JBDI Stock Performance

JBDI opened at $1.00 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 3.18 and a quick ratio of 3.00. JBDI has a 12-month low of $0.49 and a 12-month high of $3.00. The business’s fifty day simple moving average is $0.79 and its 200-day simple moving average is $1.13.

Wall Street Analysts Forecast Growth

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

About JBDI

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.