JE Cleantech (NASDAQ:JCSE) Announces Earnings Results

JE Cleantech (NASDAQ:JCSE) announced its quarterly earnings results on Tuesday. The company reported $0.13 earnings per share (EPS) for the quarter, reports. The firm had revenue of $8.04 million for the quarter.

JE Cleantech Trading Up 9.7%

NASDAQ JCSE opened at $1.70 on Wednesday. The business’s fifty day simple moving average is $1.48 and its 200-day simple moving average is $1.36. JE Cleantech has a 52 week low of $0.77 and a 52 week high of $2.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised JE Cleantech from a “sell (d+)” rating to a “hold (c+)” rating in a report on Friday, September 25th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About JE Cleantech

JE Cleantech Holdings Limited is a Singapore-based provider of commercial cleaning and environmental services. Through its operating subsidiaries, the company offers centralized dishwashing services, general cleaning services and related support for customers such as food-service establishments, commercial properties and other facilities.

The company also designs, manufactures and sells cleaning equipment and systems. Its product and service offerings include commercial dishwashing equipment, general cleaning machinery and wastewater treatment systems intended to support more efficient facility operations and environmental management.

JE Cleantech primarily serves customers in Singapore and has built its business around providing outsourced cleaning solutions and equipment to commercial and institutional clients.