JBDI (NASDAQ:JBDI) Releases Earnings Results

JBDI (NASDAQ:JBDI) posted its quarterly earnings results on Friday. The company reported $0.00 EPS for the quarter, FiscalAI reports. The company had revenue of $2.04 million for the quarter.

JBDI Price Performance

Shares of JBDI stock opened at $1.00 on Friday. JBDI has a one year low of $0.49 and a one year high of $3.00. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.00 and a current ratio of 3.18. The firm’s 50 day moving average price is $0.79 and its 200-day moving average price is $1.14.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of JBDI in a research note on Friday, October 31st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, JBDI currently has an average rating of “Sell”.

JBDI Company Profile

JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products. It serves solvent, chemical, petroleum, and edible product oil industries. The company was founded in 1983 and is based in Singapore. JBDI Holdings Limited operates as a subsidiary of E U Holdings Pte.