Janel World Trade (OTCMKTS:JANL) Announces Earnings Results

Janel World Trade (OTCMKTS:JANL – Get Free Report) released its earnings results on Friday. The company reported $1.63 earnings per share (EPS) for the quarter, Zacks reports. Janel World Trade had a net margin of 2.14% and a return on equity of 17.29%.

Janel World Trade Trading Down 13.8%

Shares of JANL stock traded down $8.00 during mid-day trading on Friday, hitting $50.00. The company’s stock had a trading volume of 500 shares, compared to its average volume of 354. The company’s fifty day simple moving average is $48.16 and its 200-day simple moving average is $48.93. Janel World Trade has a 52 week low of $21.00 and a 52 week high of $58.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.66 and a current ratio of 0.70. The company has a market cap of $59.30 million, a PE ratio of 14.04 and a beta of -0.28.

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About Janel World Trade

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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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