Wall Street Zen Upgrades Jerash Holdings (US) (NASDAQ:JRSH) to Hold

Posted by George Bondi on Jun 17th, 2025

Wall Street Zen upgraded shares of Jerash Holdings (US) (NASDAQ:JRSH – Free Report) to a hold rating in a report published on Saturday.

Jerash Holdings (US) Trading Up 0.6%

Jerash Holdings (US) stock opened at $3.23 on Friday. The firm has a market cap of $39.73 million, a price-to-earnings ratio of -10.42 and a beta of 1.05. The stock has a fifty day simple moving average of $3.12 and a two-hundred day simple moving average of $3.36. Jerash Holdings has a 12 month low of $2.68 and a 12 month high of $4.17.

Jerash Holdings (US) Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 6th. Investors of record on Friday, May 30th were issued a $0.05 dividend. The ex-dividend date was Friday, May 30th. This represents a $0.20 annualized dividend and a yield of 6.19%. Jerash Holdings (US)’s payout ratio is -64.52%.

Institutional Investors Weigh In On Jerash Holdings (US)

Several large investors have recently bought and sold shares of JRSH. Citadel Advisors LLC bought a new stake in shares of Jerash Holdings (US) in the fourth quarter worth approximately $78,000. Dimensional Fund Advisors LP grew its position in Jerash Holdings (US) by 6.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 62,920 shares of the company’s stock worth $215,000 after purchasing an additional 3,760 shares during the period. Finally, Renaissance Technologies LLC grew its position in Jerash Holdings (US) by 27.3% in the 4th quarter. Renaissance Technologies LLC now owns 92,240 shares of the company’s stock worth $315,000 after purchasing an additional 19,800 shares during the period. 3.39% of the stock is currently owned by institutional investors.

Jerash Holdings (US) Company Profile

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Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.