JIADE (NASDAQ:JDZG) Shares Set to Reverse Split on Monday, June 1st

JIADE Limited (NASDAQ:JDZG)’s stock is set to reverse split on 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

JIADE stock traded up $0.17 during midday trading on Thursday, hitting $4.18. 156,462 shares of the company’s stock were exchanged, compared to its average volume of 664,329. JIADE has a 12-month low of $1.07 and a 12-month high of $116.00. The company has a current ratio of 4.04, a quick ratio of 4.04 and a debt-to-equity ratio of 0.01. The firm’s 50 day simple moving average is $1.91 and its 200 day simple moving average is $18.51.

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

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings downgraded shares of JIADE from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, May 19th. Wall Street Zen downgraded shares of JIADE from a “hold” rating to a “sell” rating in a research report on Saturday, May 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus 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.