New Century Logistics (BVI) (NASDAQ:NCEW) Posts Quarterly Earnings Results

New Century Logistics (BVI) (NASDAQ:NCEWGet Free Report) released its quarterly earnings data on Monday. The company reported ($0.05) earnings per share for the quarter, FiscalAI reports. The company had revenue of $14.28 million for the quarter.

New Century Logistics (BVI) Price Performance

NASDAQ:NCEW opened at $16.50 on Tuesday. New Century Logistics has a twelve month low of $2.80 and a twelve month high of $20.83. The company’s 50 day moving average is $17.99 and its two-hundred day moving average is $12.35.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of New Century Logistics (BVI) in a report on Monday, June 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, New Century Logistics (BVI) currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on New Century Logistics (BVI)

About New Century Logistics (BVI)

(Get Free Report)

New Century Logistics (BVI) Limited (“NC Logistics”) was incorporated in the BVI on April 24, 2019 with limited liability and is a holding company with no material operations. Our operations are conducted in Hong Kong by our wholly-owned subsidiaries, namely (i) New Century Logistics Company Limited (“NCL (HK)”), a company incorporated in Hong Kong with limited liability, (ii) GLF Cargo Services Limited (“GLF”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK), and (iii) Win-Tec Transportation Company Limited (“Win-Tec”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK).

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