Janel World Trade (OTCMKTS:JANL) Trading Down 7.5% – Here’s What Happened

Shares of Janel World Trade Ltd. (OTCMKTS:JANL) were down 7.5% on Wednesday . The stock traded as low as $37.00 and last traded at $37.00. Approximately 100 shares were traded during trading, an increase of 539% from the average daily volume of 16 shares. The stock had previously closed at $40.00.

Janel World Trade Trading Down 7.5%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.70 and a current ratio of 0.74. The firm has a 50-day moving average of $35.25 and a 200-day moving average of $35.68. The firm has a market capitalization of $44.03 million, a P/E ratio of 8.87 and a beta of 0.14.

Janel World Trade (OTCMKTS:JANL) last released its quarterly earnings data on Friday, December 5th. The company reported $2.12 earnings per share for the quarter. Janel World Trade had a return on equity of 23.78% and a net margin of 2.61%.The firm had revenue of $56.21 million during the quarter.

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.