JE Cleantech (NASDAQ:JCSE) Issues Quarterly Earnings Results

JE Cleantech (NASDAQ:JCSE) issued its quarterly earnings data on Tuesday. The company reported $0.13 earnings per share for the quarter, reports. The firm had revenue of $8.04 million during the quarter.

JE Cleantech Trading Down 10.0%

Shares of JCSE stock opened at $1.53 on Thursday. JE Cleantech has a 12 month low of $0.77 and a 12 month high of $2.50. The stock has a 50 day moving average of $1.48 and a 200-day moving average of $1.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of JE Cleantech from a “sell (d+)” rating to a “hold (c+)” rating in a report on Friday, September 25th. One analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company has a consensus rating of “Hold”.

About JE Cleantech

JE Cleantech Holdings Limited is a Singapore-based provider of commercial cleaning and environmental services. Through its operating subsidiaries, the company offers centralized dishwashing services, general cleaning services and related support for customers such as food-service establishments, commercial properties and other facilities.

The company also designs, manufactures and sells cleaning equipment and systems. Its product and service offerings include commercial dishwashing equipment, general cleaning machinery and wastewater treatment systems intended to support more efficient facility operations and environmental management.

JE Cleantech primarily serves customers in Singapore and has built its business around providing outsourced cleaning solutions and equipment to commercial and institutional clients.