JBDI (NASDAQ:JBDI) Posts Earnings Results

JBDI (NASDAQ:JBDIGet Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.01) EPS for the quarter, reports. The business had revenue of $2.22 million for the quarter.

JBDI Stock Performance

NASDAQ:JBDI opened at $1.32 on Thursday. The stock’s fifty day moving average is $1.24 and its 200 day moving average is $1.25. JBDI has a fifty-two week low of $0.78 and a fifty-two week high of $6.00.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of JBDI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Analysis on JBDI

JBDI Company Profile

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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.

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