A secret that hides J-Long Group Ltd’s strength (NASDAQ:JL)

Stocks of J-Long Group Ltd (NASDAQ:JL) traded higher last session on Wall Street, down -13.89% to $0.48.

JL stock price is now -30.21% away from the 50-day moving average and -87.94% away from the 200-day moving average. The market capitalization of the company currently stands at $15.22M.

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A total of 67.17% of the company’s stock is owned by insiders.

During the past 12 months, J-Long Group Ltd has had a low of $0.54 and a high of $27.35. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.72, and a quick ratio of 1.65. The fifty day moving average price for JL is $0.68718 and a two-hundred day moving average price translates $4.3074217 for the stock.

The latest earnings results from J-Long Group Ltd (NASDAQ: JL) was released for 2023-09-30.

J-Long Group Ltd(JL) Company Profile

J-Long Group Limited distributes reflective and non-reflective garment trims in Asia, Hong Kong, the People’s Republic of China, and internationally. The company offers heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers, and drawcords. It also sells through online. The company was founded in 1985 and is based in Tsuen Wan, Hong Kong.

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