J-Long Group (NASDAQ:JL) Trading Up 1.4% – Here’s What Happened

J-Long Group Limited (NASDAQ:JL) shares traded up 1.4% during trading on Thursday . The company traded as high as $4.69 and last traded at $3.64. 71,322 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 109,282 shares. The stock had previously closed at $3.59.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of J-Long Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, J-Long Group has a consensus rating of “Sell”.

J-Long Group Stock Performance

The company has a current ratio of 2.79, a quick ratio of 2.36 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average price is $5.65 and its 200 day moving average price is $5.78.

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