J-Long Group Limited (NASDAQ:JL – Get Free Report)’s stock price fell 0.8% on Monday . The stock traded as low as $5.87 and last traded at $5.95. 5,975 shares were traded during mid-day trading, a decline of 66% from the average session volume of 17,734 shares. The stock had previously closed at $6.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised J-Long Group from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.
Check Out Our Latest Stock Report on J-Long Group
J-Long Group Stock Down 4.7%
J-Long Group (NASDAQ:JL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.07 EPS for the quarter. The company had revenue of $9.76 million for the quarter.
Hedge Funds Weigh In On J-Long Group
A hedge fund recently bought a new position in J-Long Group stock. Renaissance Technologies LLC bought a new stake in J-Long Group Limited (NASDAQ:JL – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 10,425 shares of the company’s stock, valued at approximately $72,000. Renaissance Technologies LLC owned 0.28% of J-Long Group at the end of the most recent reporting period.
About J-Long Group
J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.
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