JIADE (NASDAQ:JDZG) Shares Scheduled to Reverse Split on Monday, June 1st

Shares of JIADE Limited (NASDAQ:JDZG) are set to reverse split before the market opens on Monday, June 1st. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, May 31st.

JIADE Trading Up 4.2%

Shares of JIADE stock traded up $0.17 during mid-day trading on Thursday, hitting $4.18. 156,462 shares of the stock were exchanged, compared to its average volume of 719,934. The company has a 50-day simple moving average of $1.91 and a 200 day simple moving average of $18.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.04 and a quick ratio of 4.04. JIADE has a 12 month low of $1.07 and a 12 month high of $116.00.

JIADE (NASDAQ:JDZG) last posted its quarterly earnings results on Friday, April 10th. The company reported ($0.20) EPS for the quarter. The company had revenue of $1.18 million for the quarter.

Wall Street Analyst Weigh In

A number of research firms recently commented on JDZG. Weiss Ratings cut shares of JIADE from a “sell (d)” rating to a “sell (d-)” rating in a report on Tuesday, May 19th. Wall Street Zen cut shares of JIADE from a “hold” rating to a “sell” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, JIADE has an average rating of “Sell”.

JIADE Company Profile

JIADE LIMITED specializes in providing one-stop comprehensive education supporting services to adult education institutions, through a wide spectrum of software platform and auxiliary solutions. The Company’s services are primarily offered through the Kebiao Technology Educational Administration Platform. JIADE LIMITED is based in Chengdu, China.