JBDI (NASDAQ:JBDI) Trading Down 1.5% – Here’s Why

JBDI Holdings Limited (NASDAQ:JBDIGet Free Report)’s stock price fell 1.5% during mid-day trading on Wednesday . The stock traded as low as $0.95 and last traded at $0.98. 39,191 shares were traded during trading, a decline of 96% from the average session volume of 1,048,418 shares. The stock had previously closed at $1.00.

JBDI Price Performance

The firm has a 50-day moving average price of $1.06 and a 200-day moving average price of $0.85. The company has a debt-to-equity ratio of 0.19, a current ratio of 4.34 and a quick ratio of 4.13.

JBDI Company Profile

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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.

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