JIADE (NASDAQ:JDZG) Shares Set to Reverse Split on Monday, June 1st

Shares of JIADE Limited (NASDAQ:JDZG) are going to reverse split on the morning of Monday, June 1st. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, May 31st.

JIADE Stock Performance

Shares of NASDAQ:JDZG traded up $0.17 during midday trading on Thursday, hitting $4.18. The stock had a trading volume of 156,462 shares, compared to its average volume of 664,329. The stock has a 50 day moving average price of $1.91 and a two-hundred day moving average price of $18.51. The company has a quick ratio of 4.04, a current ratio of 4.04 and a debt-to-equity ratio of 0.01. JIADE has a 1 year low of $1.07 and a 1 year high of $116.00.

JIADE (NASDAQ:JDZG) last issued its earnings results on Friday, April 10th. The company reported ($0.20) earnings per share for the quarter. The firm had revenue of $1.18 million for the quarter.

Analyst Upgrades and Downgrades

Several analysts recently commented on JDZG shares. Wall Street Zen cut shares of JIADE from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings cut shares of JIADE from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, JIADE presently has a consensus rating of “Sell”.

About JIADE

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform. JIADE LIMITED is based in Chengdu, China.