J-Long Group (NASDAQ:JL) Stock Price Down 1.3% – Here’s What Happened

J-Long Group Limited (NASDAQ:JL) shares traded down 1.3% during trading on Monday . The company traded as low as $5.93 and last traded at $6.19. 4,413 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 12,957 shares. The stock had previously closed at $6.27.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 22nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

J-Long Group Stock Performance

The company has a quick ratio of 2.36, a current ratio of 2.79 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average price of $5.41 and a two-hundred day moving average price of $5.83.

J-Long Group (NASDAQ:JL) last posted its quarterly earnings results on Tuesday, December 23rd. The company reported $0.31 EPS for the quarter. The company had revenue of $11.35 million for the quarter.

J-Long Group Company Profile

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. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.