Shares of Eastern International Ltd. (NASDAQ:ELOG – Get Free Report) passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $0.75 and traded as high as $1.09. Eastern International shares last traded at $0.8871, with a volume of 3,270,544 shares traded.
Analyst Ratings Changes
Separately, Weiss Ratings raised Eastern International from a “sell (d-)” rating to a “sell (d)” rating in a research report on Wednesday, November 4th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the stock has a consensus rating of “Sell”.
View Our Latest Report on ELOG
Eastern International Price Performance
The stock has a fifty day moving average of $0.76 and a 200 day moving average of $0.90. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.03.
Eastern International (NASDAQ:ELOG – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $9.22 million for the quarter.
Insider Buying and Selling
In other Eastern International news, CEO Albert Wong acquired 200,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were acquired at an average cost of $1.00 per share, with a total value of $200,000.00. Following the acquisition, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at approximately $200,000. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.
About Eastern International
Eastern International Ltd. (NASDAQ: ELOG) is a logistics and supply chain services company based in Hong Kong. Through its operating subsidiaries, the company provides freight-forwarding and related transportation services for businesses engaged in international trade. Its service offerings include arranging ocean and air freight, coordinating shipments, supporting customs clearance, and providing warehousing and other logistics solutions. These services are designed to help customers manage the movement of goods across international markets.
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