JE Cleantech (NASDAQ:JCSE) Trading Down 1.2% – Should You Sell?

JE Cleantech Holdings Limited (NASDAQ:JCSE)’s stock price was down 1.2% during mid-day trading on Wednesday . The company traded as low as $1.2401 and last traded at $1.2850. Approximately 3,054 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 25,396 shares. The stock had previously closed at $1.30.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of JE Cleantech in a research note on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, JE Cleantech has a consensus rating of “Sell”.

JE Cleantech Stock Performance

The company has a current ratio of 2.72, a quick ratio of 1.81 and a debt-to-equity ratio of 0.16. The company has a 50 day simple moving average of $1.29 and a 200-day simple moving average of $1.27.

JE Cleantech (NASDAQ:JCSE) last issued its earnings results on Friday, May 8th. The company reported $0.30 EPS for the quarter. The firm had revenue of $5.33 million during the quarter.

About JE Cleantech

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.