JBDI Holdings Limited (NASDAQ:JBDI – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 275,092 shares, an increase of 734.0% from the September 30th total of 32,986 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average daily volume of 9,765,058 shares, the short-interest ratio is presently 0.0 days.
Analyst Ratings Changes
Separately, Weiss Ratings upgraded shares of JBDI from a “sell (d-)” rating to a “sell (d)” rating in a research report on Monday, September 14th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on JBDI
JBDI Stock Performance
Shares of JBDI stock traded down $0.03 during mid-day trading on Wednesday, reaching $2.41. 15,409 shares of the stock traded hands, compared to its average volume of 674,347. The business has a 50-day moving average of $1.48 and a 200 day moving average of $1.33. JBDI has a fifty-two week low of $0.78 and a fifty-two week high of $9.50. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.38 and a quick ratio of 3.20.
JBDI (NASDAQ:JBDI – Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $2.22 million during the quarter.
JBDI Company Profile
JBDI Holdings Limited is a waste management and recycling company serving customers in Singapore. Through its operating subsidiaries, the company provides waste collection, transportation, disposal and recycling services for commercial, industrial and other customers.
Its services include the handling of general waste, recyclable materials, food waste and construction and demolition waste. The company also supports resource recovery by sorting and processing selected waste streams for recycling or other forms of reuse.
JBDI Holdings is incorporated as a holding company and conducts its operating activities primarily in Singapore.
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