Janel World Trade (OTCMKTS:JANL) Issues Quarterly Earnings Results

Janel World Trade (OTCMKTS:JANL) released its earnings results on Thursday. The company reported $0.27 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $56.04 million for the quarter. Janel World Trade had a net margin of 2.61% and a return on equity of 23.78%.

Janel World Trade Trading Down 9.4%

OTCMKTS JANL traded down $5.00 during trading hours on Friday, hitting $48.00. The company’s stock had a trading volume of 100 shares, compared to its average volume of 73. The stock has a fifty day moving average of $40.33 and a 200 day moving average of $37.36. The firm has a market capitalization of $57.12 million, a P/E ratio of 11.51 and a beta of 0.19. Janel World Trade has a twelve month low of $21.00 and a twelve month high of $53.00. The company has a quick ratio of 0.70, a current ratio of 0.74 and a debt-to-equity ratio of 0.35.

Janel World Trade Company Profile

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.