JE Cleantech Holdings Limited (NASDAQ:JCSE) Sees Significant Growth in Short Interest

JE Cleantech Holdings Limited (NASDAQ:JCSE – Get Free Report) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 16,251 shares, an increase of 647.5% from the October 15th total of 2,174 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,689 shares, the short-interest ratio is presently 1.3 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of JE Cleantech from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 29th. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Check Out Our Latest Stock Report on JE Cleantech

JE Cleantech Trading Down 0.3%

Shares of JCSE opened at $1.50 on Wednesday. The stock has a fifty day moving average price of $1.49 and a two-hundred day moving average price of $1.32. The company has a current ratio of 1.87, a quick ratio of 1.51 and a debt-to-equity ratio of 0.12. JE Cleantech has a 52-week low of $0.77 and a 52-week high of $2.50.

JE Cleantech (NASDAQ:JCSE – Get Free Report) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $0.13 EPS for the quarter. The business had revenue of $8.04 million during the quarter.

JE Cleantech Company Profile

(Get Free Report)

JE Cleantech Holdings Limited is a Singapore-based cleantech company that provides commercial cleaning solutions and related services. The company serves customers in Singapore, including businesses and organizations that require equipment and operational support for cleaning, sanitation and waste-management activities. Its products and services include commercial dishwashing systems, cleaning equipment, floor-cleaning machines and food-waste treatment systems. JE Cleantech also provides cleaning services and operates central-kitchen-related activities, including dishwashing and food-waste management services for institutional and commercial customers.

See Also

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