Julong (NASDAQ:JLHL) Sets New 12-Month High – Still a Buy?

Shares of Julong Holding Ltd (NASDAQ:JLHL) hit a new 52-week high during trading on Saturday . The stock traded as high as $51.17 and last traded at $44.80, with a volume of 51058 shares. The stock had previously closed at $36.25.

Analyst Ratings Changes

Several brokerages recently commented on JLHL. Wall Street Zen raised shares of Julong to a “hold” rating in a report on Saturday, April 25th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Julong in a report on Friday, May 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Julong Stock Performance

The stock’s fifty day moving average price is $14.96.

Julong (NASDAQ:JLHL) last posted its quarterly earnings data on Friday, February 13th. The company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $10.66 million during the quarter.

Julong Company Profile

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.