JBDI (NASDAQ:JBDI) Trading Down 1.1% – Time to Sell?

JBDI Holdings Limited (NASDAQ:JBDIGet Free Report)’s share price was down 1.1% during trading on Wednesday . The stock traded as low as $1.25 and last traded at $1.3250. 143,571 shares traded hands during mid-day trading, an increase of 1,725% from the average daily volume of 7,868 shares. The stock had previously closed at $1.34.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised JBDI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, JBDI presently has an average rating of “Sell”.

Check Out Our Latest Report on JBDI

JBDI Stock Performance

The firm’s 50-day moving average is $1.26 and its 200 day moving average is $1.25.

JBDI (NASDAQ:JBDIGet Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.01) earnings per share for the quarter. The business had revenue of $2.22 million for the quarter.

JBDI Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for JBDI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JBDI and related companies with MarketBeat.com's FREE daily email newsletter.