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

Janel World Trade (OTCMKTS:JANL) issued its earnings results on Thursday. The company reported $0.27 earnings per share for the quarter, Zacks reports. The firm had revenue of $56.04 million during the quarter. Janel World Trade had a net margin of 2.61% and a return on equity of 23.78%.

Janel World Trade Stock Performance

Shares of OTCMKTS:JANL traded down $5.00 during trading on Friday, hitting $48.00. 100 shares of the company were exchanged, compared to its average volume of 73. The company has a market cap of $57.12 million, a PE ratio of 11.51 and a beta of 0.19. The stock has a 50 day moving average of $40.33 and a 200 day moving average of $37.36. Janel World Trade has a 52-week low of $21.00 and a 52-week high of $53.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.74 and a quick ratio of 0.70.

Janel World Trade Company Profile

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.