Janel World Trade (OTCMKTS:JANL) Posts Earnings Results

Key Points

• Janel World Trade reported quarterly earnings of $0.50 per share, with a return on equity of 21.67% and a net margin of 2.55%.
• The stock was flat at $51.73 in midday trading, near its 52-week high of $53.00 and well above its 52-week low of $21.00.
• The company currently has a market cap of $61.56 million and a P/E ratio of 12.44, while operating across logistics, life sciences, and manufacturing segments.

Janel World Trade (OTCMKTS:JANL - Get Free Report) announced its earnings results on Friday. The company reported $0.50 earnings per share for the quarter, Zacks reports. Janel World Trade had a return on equity of 21.67% and a net margin of 2.55%.

Janel World Trade Price Performance

Shares of OTCMKTS:JANL remained flat at $51.73 during midday trading on Friday. Janel World Trade has a fifty-two week low of $21.00 and a fifty-two week high of $53.00. The stock has a market cap of $61.56 million, a price-to-earnings ratio of 12.44 and a beta of -0.21. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.71 and a current ratio of 0.74. The stock's 50-day simple moving average is $51.73 and its two-hundred day simple moving average is $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.

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