J-Long Group Plans Reverse Stock Split for Nasdaq Compliance
JL Stock | 4.54 0.39 9.40% |
About 55% of J Long's institutional investors are presently thinking to get in. The analysis of overall sentiment of trading J Long Group Limited stock suggests that some investors are interested at this time. J Long's investing sentiment shows overall attitude of investors towards J Long Group Limited.
J Long |
J-Long Group Limited has released an update. J-Long Group Limited, a distributor of garment trims, is implementing a 1-for-10 reverse stock split to meet Nasdaqs minimum bid price requirements. This move, effective December 9, 2024, aims to consolidate the companys shares and potentially stabilize its market position. The adjusted shares will begin trading on December 10, 2024, under the existing ticker symbol JL. For further insights into JL stock, check out TipRanks Stock Analysis pa
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J Long Fundamental Analysis
We analyze J Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of J Long using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of J Long based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
EBITDA
EBITDA Comparative Analysis
J Long is rated below average in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
J Long Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with J Long stock to make a market-neutral strategy. Peer analysis of J Long could also be used in its relative valuation, which is a method of valuing J Long by comparing valuation metrics with similar companies.
Peers
J Long Related Equities
JL | J Long | 9.40 | ||||
VNCE | Vince Holding | 6.17 | ||||
UA | Under Armour | 3.02 | ||||
HBI | Hanesbrands | 2.62 | ||||
XELB | Xcel Brands | 2.00 | ||||
JXG | JX Luxventure | 1.92 | ||||
KTB | Kontoor Brands | 1.69 | ||||
RL | Ralph Lauren | 1.27 | ||||
GIL | Gildan Activewear | 0.36 | ||||
FIGS | Figs | 0.34 |
Check out J Long Hype Analysis, J Long Correlation and J Long Performance. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of J Long. If investors know J Long will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about J Long listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.3 | Revenue Per Share | Quarterly Revenue Growth (0.13) | Return On Assets |
The market value of J Long Group is measured differently than its book value, which is the value of J Long that is recorded on the company's balance sheet. Investors also form their own opinion of J Long's value that differs from its market value or its book value, called intrinsic value, which is J Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because J Long's market value can be influenced by many factors that don't directly affect J Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between J Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if J Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.