JIADE Stock Scheduled to Reverse Split on Monday, June 1st (NASDAQ:JDZG)

Shares of JIADE Limited (NASDAQ:JDZG) are scheduled to reverse split on the morning of Monday, June 1st. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, May 31st.

JIADE Price Performance

JDZG stock traded up $0.17 during trading on Thursday, reaching $4.18. 156,462 shares of the stock were exchanged, compared to its average volume of 719,934. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.04 and a quick ratio of 4.04. The business has a 50 day moving average price of $1.91 and a 200-day moving average price of $18.51. JIADE has a 1 year low of $1.07 and a 1 year high of $116.00.

JIADE (NASDAQ:JDZG) last posted its earnings results on Friday, April 10th. The company reported ($0.20) earnings per share for the quarter. The business had revenue of $1.18 million for the quarter.

Analyst Upgrades and Downgrades

JDZG has been the subject of several recent analyst reports. Weiss Ratings cut JIADE from a “sell (d)” rating to a “sell (d-)” rating in a research note on Tuesday, May 19th. Wall Street Zen lowered JIADE from a “hold” rating to a “sell” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About JIADE

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform. JIADE LIMITED is based in Chengdu, China.