JBDI (NASDAQ:JBDI) Shares Down 0.7% – Here’s Why

JBDI Holdings Limited (NASDAQ:JBDI)’s share price fell 0.7% during trading on Friday . The stock traded as low as $1.31 and last traded at $1.34. 28,226 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 197,191 shares. The stock had previously closed at $1.35.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of JBDI in a research note on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

JBDI Trading Down 0.7%

The company has a quick ratio of 3.00, a current ratio of 3.18 and a debt-to-equity ratio of 0.26. The firm’s fifty day moving average price is $1.59 and its 200 day moving average price is $1.21.

JBDI Company Profile

JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products.