Jowell Global (NASDAQ:JWEL) Posts Quarterly Earnings Results

Jowell Global (NASDAQ:JWEL) released its quarterly earnings data on Friday. The company reported ($0.72) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $31.53 million for the quarter.

Jowell Global Stock Performance

Shares of JWEL traded up $0.17 during trading hours on Friday, hitting $1.91. The stock had a trading volume of 978 shares, compared to its average volume of 6,798. Jowell Global has a 12 month low of $1.47 and a 12 month high of $5.17. The stock has a fifty day moving average price of $2.18 and a 200 day moving average price of $2.30.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Jowell Global in a report on Friday, August 21st. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company currently has an average rating of “Sell”.

Jowell Global Company Profile

Jowell Global Ltd. is a China-based consumer products and e-commerce company that markets and distributes products through online and offline channels. The company’s offerings are primarily directed at consumers seeking personal care, beauty, health and wellness, household, food and beverage, and other everyday products. Jowell Global sells both its own branded products and products sourced from third-party manufacturers. Its distribution model has included e-commerce platforms, social-media and livestreaming channels, retail outlets, and a network of distributors.