New Century Logistics (BVI) (NASDAQ:NCEW) Trading 0.5% Higher – Here’s Why

New Century Logistics (BVI) Limited (NASDAQ:NCEW)’s share price traded up 0.5% during trading on Friday . The stock traded as high as $19.90 and last traded at $19.12. 1,977 shares traded hands during trading, a decline of 47% from the average session volume of 3,759 shares. The stock had previously closed at $19.02.

New Century Logistics (BVI) Trading Up 0.5%

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.47 and a quick ratio of 1.47. The firm has a fifty day simple moving average of $13.52 and a 200 day simple moving average of $8.71.

New Century Logistics (BVI) (NASDAQ:NCEW) last issued its quarterly earnings data on Sunday, February 15th. The company reported ($1.50) EPS for the quarter. The business had revenue of $11.35 million during the quarter.

New Century Logistics (BVI) Company Profile

New Century Logistics (BVI) Limited (“NC Logistics”) was incorporated in the BVI on April 24, 2019 with limited liability and is a holding company with no material operations. Our operations are conducted in Hong Kong by our wholly-owned subsidiaries, namely (i) New Century Logistics Company Limited (“NCL (HK)”), a company incorporated in Hong Kong with limited liability, (ii) GLF Cargo Services Limited (“GLF”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK), and (iii) Win-Tec Transportation Company Limited (“Win-Tec”), a company incorporated in Hong Kong with limited liability and a wholly-owned by NCL (HK).