JBDI Holdings Stock Rises 10.7% Amid Financial Reporting
1 report, 1 independent
Updated Oct 1
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
JBDI Holdings Limited, a food distribution company based in Singapore, saw its stock price rise 10.7% during mid-day trading on Friday, trading at $2.59. The company reported revenue of $2.22 million and an EPS of ($0.01) for the quarter ending September 2nd. Despite this, Weiss Ratings recently raised the stock rating from a sell (d-) to a sell (d).
From tickerreport.com
Why it matters
The stock movement and the company's financial ratios, including a debt-to-equity ratio of 0.27 and a current ratio of 3.38, provide insight into the performance and liquidity of the food distribution sector in Singapore. The consensus rating for the stock remains 'Sell'.
From tickerreport.com
Who's involved
- SingaporeLocation of JBDI Holdings Limited's operations
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The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia