JBDI Holdings Limited Ordinary Shares (NASDAQ:JBDI) Shares Down 6.5% – Here’s What Happened

JBDI Holdings Limited Ordinary Shares (NASDAQ:JBDIGet Free Report) dropped 6.5% during mid-day trading on Tuesday . The company traded as low as $0.86 and last traded at $0.87. Approximately 121,384 shares were traded during trading, a decline of 91% from the average daily volume of 1,360,574 shares. The stock had previously closed at $0.93.

JBDI Holdings Limited Ordinary Shares Stock Performance

The firm’s fifty day simple moving average is $0.66 and its 200 day simple moving average is $0.79.

JBDI Holdings Limited Ordinary Shares Company Profile

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JBDI Holdings Limited engages in the trading of reconditioned and recycling containers in Singapore and the Southeast Asia region. The company offers reconditioning and recycling drums, including open top drums, metal drums, plastic drums, plastic carboys, and intermediate bulk containers, as well as new drums, and collects waste drums and related products.

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