Janel World Trade (OTCMKTS:JANL) Posts Earnings Results

Janel World Trade (OTCMKTS:JANL) released its quarterly earnings results on Friday. The company reported $1.63 EPS for the quarter, Zacks reports. Janel World Trade had a return on equity of 17.29% and a net margin of 2.14%.

Janel World Trade Trading Down 13.8%

Shares of Janel World Trade stock traded down $8.00 during midday trading on Friday, reaching $50.00. The company had a trading volume of 500 shares, compared to its average volume of 354. The stock has a fifty day moving average price of $48.16 and a 200 day moving average price of $48.93. Janel World Trade has a fifty-two week low of $21.00 and a fifty-two week high of $58.00. The firm has a market cap of $59.30 million, a PE ratio of 14.04 and a beta of -0.28. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.70 and a quick ratio of 0.66.

About Janel World Trade

Janel Corporation, through its subsidiaries, provides logistics services worldwide. It operates through three segments: Logistics, Life Sciences, and Manufacturing. The Logistics segment provides cargo transportation logistics management services, including freight forwarding by air, ocean, and land-based carriers; customs brokerage services; warehousing and distribution services; and other value added logistic services, as well as customs entry filing, cargo insurance procurement, logistics planning, product repackaging, and online shipment tracking services.