Janel World Trade (OTCMKTS:JANL) Issues Quarterly Earnings Results

Janel World Trade (OTCMKTS:JANL) posted its quarterly earnings results on Friday. The company reported $2.12 earnings per share (EPS) for the quarter, Zacks reports. Janel World Trade had a return on equity of 14.11% and a net margin of 1.46%.

Janel World Trade Stock Up 7.0%

Janel World Trade stock traded up $2.13 during trading on Friday, hitting $32.63. 125 shares of the company were exchanged, compared to its average volume of 53. The company has a market capitalization of $38.70 million, a P/E ratio of 14.97 and a beta of 0.04. The business’s 50 day moving average is $33.65 and its 200 day moving average is $34.50. Janel World Trade has a 52 week low of $21.00 and a 52 week high of $42.00. The company has a current ratio of 0.71, a quick ratio of 0.65 and a debt-to-equity ratio of 0.40.

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.