Insider Buying: Jerash Holdings (US) Inc (JRSH) Director Buys 50,000 Shares of Stock
Jerash Holdings (US) Inc (NASDAQ:JRSH) Director Gary J. Haseley acquired 50,000 shares of the company’s stock in a transaction dated Friday, September 14th. The stock was acquired at an average cost of $4.90 per share, with a total value of $245,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
JRSH traded up $0.08 during trading hours on Tuesday, reaching $5.45. 200 shares of the stock traded hands, compared to its average volume of 11,938. Jerash Holdings has a fifty-two week low of $5.25 and a fifty-two week high of $11.00.
Jerash Holdings (US) (NASDAQ:JRSH) last released its quarterly earnings results on Tuesday, August 14th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $18.36 million for the quarter. Jerash Holdings (US) had a net margin of 9.21% and a return on equity of 16.59%.
About Jerash Holdings (US)
Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sports and outerwear. The company offers jackets, polo shirts, crew neck shirts, pants, and shorts made from knitted fabric. It serves various brand-name retailers in the United States, Jordan, and internationally.
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