Janel World Trade (OTCMKTS:JANL) Stock Price Up 6.2% – Here’s What Happened

Janel World Trade Ltd. (OTCMKTS:JANL – Get Free Report) shares were up 6.2% during mid-day trading on Monday. The stock traded as high as $51.00 and last traded at $51.00. 100 shares changed hands during trading, an increase of 12% from the average daily volume of 89 shares. The stock had previously closed at $48.00.

Janel World Trade Stock Performance

The stock has a market cap of $60.71 million, a price-to-earnings ratio of 11.29 and a beta of -0.37. The company has a debt-to-equity ratio of 0.53, a current ratio of 0.79 and a quick ratio of 0.74. The stock’s 50-day moving average is $51.25 and its 200-day moving average is $49.73.

Janel World Trade (OTCMKTS:JANL – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported $1.63 earnings per share for the quarter. Janel World Trade had a return on equity of 19.90% and a net margin of 2.49%.The company had revenue of $67.51 million during the quarter.

Janel World Trade Company Profile

(Get Free Report)

Janel World Trade, Ltd. is a logistics and freight-forwarding company that helps businesses move goods through domestic and international supply chains. Its services generally include arranging transportation, coordinating shipments, and managing the documentation and regulatory requirements associated with global trade.

The company’s service offerings include air and ocean freight forwarding, customs brokerage, warehousing, distribution, and domestic transportation. These services are designed to support importers, exporters, and other commercial customers with the movement and delivery of products across different markets.

Janel World Trade has historically operated through the Janel Group and served customers involved in international commerce.

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