J-Long Group (NASDAQ:JL) Trading Down 4.5% – Should You Sell?

J-Long Group Limited (NASDAQ:JLGet Free Report)’s share price dropped 4.5% during mid-day trading on Thursday . The stock traded as low as $4.91 and last traded at $4.91. Approximately 17,860 shares traded hands during trading, a decline of 77% from the average daily volume of 77,205 shares. The stock had previously closed at $5.14.

J-Long Group Trading Down 4.5%

The company has a quick ratio of 2.24, a current ratio of 2.68 and a debt-to-equity ratio of 0.05. The firm’s fifty day simple moving average is $5.90 and its two-hundred day simple moving average is $5.45.

J-Long Group Company Profile

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J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People's Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online.

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