JE Cleantech (NASDAQ:JCSE) Stock Price Up 2.8% – Here’s Why

JE Cleantech Holdings Limited (NASDAQ:JCSE) rose 2.8% during mid-day trading on Wednesday . The company traded as high as $1.46 and last traded at $1.45. 2,838 shares were traded during trading, a decline of 62% from the average daily volume of 7,435 shares. The stock had previously closed at $1.41.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of JE Cleantech from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

JE Cleantech Price Performance

The stock has a 50-day simple moving average of $1.36 and a 200-day simple moving average of $1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72 and a quick ratio of 1.81.

JE Cleantech (NASDAQ:JCSE) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.30 EPS for the quarter. The firm had revenue of $5.33 million for the quarter.

About JE Cleantech

JE Cleantech Holdings Ltd. is an Israel-based environmental technology firm specializing in advanced water and wastewater treatment solutions. The company designs, manufactures and markets a suite of modular treatment systems that integrate proprietary membrane filtration, advanced oxidation processes, biological treatment and customized chemical formulations. Its offerings address water purification, recycling and process water challenges across municipal, industrial and agricultural end markets.

Through a combination of standardized equipment platforms and bespoke engineering services, JE Cleantech helps clients meet stringent regulatory requirements, reduce freshwater intake and lower overall treatment costs.