Shares of Janel World Trade Ltd. (OTCMKTS:JANL – Get Free Report) fell 4.7% during mid-day trading on Tuesday . The stock traded as low as $21.00 and last traded at $30.50. 1,045 shares traded hands during trading, an increase of 215% from the average session volume of 332 shares. The stock had previously closed at $32.00.
Janel World Trade Price Performance
The firm has a fifty day moving average price of $34.27 and a 200 day moving average price of $34.57. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $36.17 million, a price-to-earnings ratio of 13.99 and a beta of 0.01.
About Janel World Trade
Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.
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