JE Cleantech (NASDAQ:JCSE) Shares Up 2.8% – Here’s Why

JE Cleantech Holdings Limited (NASDAQ:JCSE)’s stock price traded up 2.8% on Wednesday . The company traded as high as $1.46 and last traded at $1.45. Approximately 2,838 shares traded hands during trading, a decline of 62% from the average session volume of 7,435 shares. The stock had previously closed at $1.41.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

JE Cleantech Stock Up 1.4%

The company has a current ratio of 2.72, a quick ratio of 1.81 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $1.36 and a 200 day moving average price of $1.24.

JE Cleantech (NASDAQ:JCSE) last issued its earnings results on Friday, May 8th. The company reported $0.30 EPS for the quarter. The business had revenue of $5.33 million for the quarter.

JE Cleantech Company Profile

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.