J-Long Group (NASDAQ:JL) Posts Earnings Results

J-Long Group (NASDAQ:JLGet Free Report) announced its earnings results on Tuesday. The company reported $0.07 EPS for the quarter, reports. The business had revenue of $9.76 million for the quarter.

J-Long Group Stock Performance

Shares of NASDAQ JL opened at $5.81 on Wednesday. J-Long Group has a twelve month low of $1.50 and a twelve month high of $8.22. The company has a 50 day moving average of $6.12 and a 200 day moving average of $5.63.

Hedge Funds Weigh In On J-Long Group

A hedge fund recently bought a new position in J-Long Group stock. Renaissance Technologies LLC bought a new stake in shares of J-Long Group Limited (NASDAQ:JLFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,425 shares of the company’s stock, valued at approximately $72,000. Renaissance Technologies LLC owned 0.28% of J-Long Group at the end of the most recent quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of J-Long Group from a “sell (e)” rating to a “sell (d-)” rating in a report on Monday, May 4th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on JL

About J-Long Group

(Get Free Report)

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.

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