Julong (NASDAQ:JLHL) Shares Gap Up – Still a Buy?

Shares of Julong Holding Ltd (NASDAQ:JLHL) gapped up before the market opened on Monday . The stock had previously closed at $44.80, but opened at $55.55. Julong shares last traded at $50.9250, with a volume of 16,028 shares trading hands.

Analysts Set New Price Targets

A number of research analysts have weighed in on JLHL shares. Wall Street Zen raised shares of Julong to a “hold” rating in a research note on Saturday, April 25th. Weiss Ratings reissued a “sell (d-)” rating on shares of Julong in a research report on Friday, May 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Julong Price Performance

The firm’s 50-day moving average is $14.96.

Julong (NASDAQ:JLHL) last released its quarterly earnings results on Friday, February 13th. The company reported $0.05 EPS for the quarter. The company had revenue of $10.66 million during the quarter.

Julong Company Profile

Our Mission We aspire to be a pioneer and a leader in China’s intelligent integrated solutions industry that exceed customers’ expectations, embrace innovation, invest in technologies and effect improvements in the industry. Our Values The following core values are fundamental to the way we operate our business: . Higher Quality. We pursue the highest industry standards by enriching our solution offerings, improving service quality, and enhancing operational efficiency. . Newer Technology. We maintain a relentless focus on technological innovations, continuously invest in research and development, and provide customers with the most up-to-date technological solutions.