Janel World Trade (OTCMKTS:JANL) Posts Earnings Results

Janel World Trade (OTCMKTS:JANL) released its quarterly earnings results on Friday. The company reported $0.50 earnings per share for the quarter, Zacks reports. Janel World Trade had a net margin of 2.55% and a return on equity of 21.67%. The company had revenue of $57.44 million during the quarter.

Janel World Trade Price Performance

Shares of JANL opened at $51.73 on Friday. Janel World Trade has a one year low of $21.00 and a one year high of $53.00. The company has a market cap of $61.56 million, a P/E ratio of 14.53 and a beta of -0.21. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.74 and a quick ratio of 0.71. The firm has a 50 day simple moving average of $51.73 and a two-hundred day simple moving average of $42.83.

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.