JIADE (NASDAQ:JDZG) Shares Set to Reverse Split on Monday, March 23rd

JIADE Limited (NASDAQ:JDZG)’s stock is going to reverse split on the morning of Monday, March 23rd. The 1-25 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, March 22nd.

JIADE Stock Down 19.9%

Shares of NASDAQ:JDZG traded down $0.02 during mid-day trading on Thursday, reaching $0.08. 2,491,422 shares of the stock were exchanged, compared to its average volume of 7,551,014. The stock’s 50 day simple moving average is $0.92 and its 200-day simple moving average is $1.38. JIADE has a one year low of $0.07 and a one year high of $6.32.

JIADE (NASDAQ:JDZG) last announced its earnings results on Wednesday, December 17th. The company reported $0.00 earnings per share (EPS) for the quarter. The firm had revenue of $0.65 million during the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of JIADE in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, According to 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.