Shares of Jerash Holdings (US), Inc. (NASDAQ:JRSH – Get Free Report) traded down 0.7% on Wednesday . The stock traded as low as $2.84 and last traded at $2.87. 5,130 shares changed hands during trading, a decline of 52% from the average session volume of 10,779 shares. The stock had previously closed at $2.89.
Jerash Holdings (US) Trading Up 0.5 %
The firm has a market capitalization of $35.84 million, a P/E ratio of -17.81 and a beta of 0.82. The firm has a 50-day moving average of $2.95 and a two-hundred day moving average of $3.01.
Jerash Holdings (US) (NASDAQ:JRSH – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.20). The business had revenue of $40.94 million for the quarter. Jerash Holdings (US) had a negative return on equity of 5.78% and a negative net margin of 3.12%.
Jerash Holdings (US) Announces Dividend
Institutional Investors Weigh In On Jerash Holdings (US)
An institutional investor recently bought a new position in Jerash Holdings (US) stock. Access Investment Management LLC acquired a new stake in Jerash Holdings (US), Inc. (NASDAQ:JRSH – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 55,765 shares of the company’s stock, valued at approximately $174,000. Access Investment Management LLC owned 0.45% of Jerash Holdings (US) as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 3.39% of the company’s stock.
Jerash Holdings (US) Company Profile
Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.
Featured Articles
- Five stocks we like better than Jerash Holdings (US)
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Does GTA VI Make Take-Two Interactive Stock an Irresistible Buy?
- Canadian Penny Stocks: Can They Make You Rich?
- Why HPE’s Dip Is a Prime Opportunity for Blue-Chip AI Investors
- Which Wall Street Analysts are the Most Accurate?
- Why Analysts See Big Upside for Occidental Petroleum Despite Lows
Receive News & Ratings for Jerash Holdings (US) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jerash Holdings (US) and related companies with MarketBeat.com's FREE daily email newsletter.