Julong (NASDAQ:JLHL) Sets New 12-Month High – Still a Buy?

Julong Holding Ltd (NASDAQ:JLHL) shares reached a new 52-week high during trading on Saturday . The stock traded as high as $51.17 and last traded at $44.80, with a volume of 51058 shares trading hands. The stock had previously closed at $36.25.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on JLHL. Wall Street Zen upgraded shares of Julong to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Julong in a research note on Friday, May 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Julong Trading Up 23.6%

The firm has a 50 day moving average price of $14.96.

Julong (NASDAQ:JLHL) last released its quarterly earnings data on Friday, February 13th. The company reported $0.05 earnings per share for the quarter. The firm had revenue of $10.66 million for the quarter.

Julong Company Profile

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.