New Century Logistics (BVI) (NASDAQ:NCEW) Shares Up 0.5% – Here’s Why

Shares of New Century Logistics (BVI) Limited (NASDAQ:NCEW) traded up 0.5% during trading on Friday . The company traded as high as $19.90 and last traded at $19.12. 1,977 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 3,759 shares. The stock had previously closed at $19.02.

New Century Logistics (BVI) Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.47 and a current ratio of 1.47. The company’s 50-day moving average is $13.52 and its two-hundred day moving average is $8.71.

New Century Logistics (BVI) (NASDAQ:NCEW) last released its earnings results on Sunday, February 15th. The company reported ($1.50) EPS for the quarter. The business had revenue of $11.35 million for the quarter.

New Century Logistics (BVI) Company Profile

New Century Logistics (BVI) Limited (“NC Logistics”) was incorporated in the BVI on April 24, 2019 with limited liability and is a holding company with no material operations. Our operations are conducted in Hong Kong by our wholly-owned subsidiaries, namely (i) New Century Logistics Company Limited (“NCL (HK)”), a company incorporated in Hong Kong with limited liability, (ii) GLF Cargo Services Limited (“GLF”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK), and (iii) Win-Tec Transportation Company Limited (“Win-Tec”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK).