JBDI Holdings Limited (NASDAQ:JBDI – Get Free Report) shot up 5.4% during trading on Thursday. The company traded as high as $1.18 and last traded at $1.17. 3,869 shares changed hands during trading, a decline of 82% from the average session volume of 21,903 shares. The stock had previously closed at $1.11.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised JBDI from a “sell (d-)” rating to a “sell (d)” rating in a report on Monday, September 14th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.
Get Our Latest Stock Analysis on JBDI
JBDI Trading Down 0.9%
JBDI (NASDAQ:JBDI – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $2.22 million for the quarter.
About JBDI
JBDI Holdings Limited is a Singapore-based distributor of building materials. Through its operating subsidiaries, the company imports and supplies products used in residential and commercial construction and renovation projects.
Its product range includes tiles and other surface materials, as well as sanitary ware and related bathroom products. JBDI serves customers in Singapore across the building and interior-design supply chain, including contractors, developers, designers and retailers.
The company’s operations are focused primarily on the Singapore market.
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