Janel World Trade (OTCMKTS:JANL) Announces Earnings Results

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

Janel World Trade Stock Down 9.4%

Shares of JANL traded down $5.00 on Friday, reaching $48.00. The stock had a trading volume of 100 shares, compared to its average volume of 73. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.70 and a current ratio of 0.74. Janel World Trade has a 12-month low of $21.00 and a 12-month high of $53.00. The firm has a market capitalization of $57.12 million, a price-to-earnings ratio of 11.51 and a beta of 0.19. The company has a 50-day simple moving average of $40.33 and a 200-day simple moving average of $37.36.

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.