Janel World Trade (OTCMKTS:JANL) Issues Earnings Results

Janel World Trade (OTCMKTS:JANL) issued its quarterly earnings results on Friday. The company reported $1.63 earnings per share (EPS) for the quarter, Zacks reports. Janel World Trade had a net margin of 2.14% and a return on equity of 17.29%. The firm had revenue of $67.51 million for the quarter.

Janel World Trade Stock Down 13.8%

Shares of OTCMKTS:JANL traded down $8.00 during midday trading on Friday, reaching $50.00. The company had a trading volume of 500 shares, compared to its average volume of 106. Janel World Trade has a 1-year low of $21.00 and a 1-year high of $58.00. The stock has a market cap of $59.50 million, a PE ratio of 14.04 and a beta of -0.30. The company has a quick ratio of 0.66, a current ratio of 0.70 and a debt-to-equity ratio of 0.27. The business’s 50 day moving average price is $48.29 and its 200 day moving average price is $48.94.

About Janel World Trade

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.