Jowell Global (NASDAQ:JWEL) Releases Earnings Results
by Renee Jackson · The Cerbat GemJowell Global (NASDAQ:JWEL – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($1.14) EPS for the quarter, FiscalAI reports. The firm had revenue of $44.42 million during the quarter.
Jowell Global Stock Performance
NASDAQ JWEL traded down $0.02 on Thursday, reaching $2.53. The company had a trading volume of 1,431 shares, compared to its average volume of 3,278. Jowell Global has a fifty-two week low of $1.47 and a fifty-two week high of $2.98. The business has a 50 day moving average of $2.41 and a two-hundred day moving average of $2.22.
Institutional Trading of Jowell Global
An institutional investor recently bought a new position in Jowell Global stock. Citadel Advisors LLC acquired a new stake in Jowell Global Ltd. (NASDAQ:JWEL – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,947 shares of the company’s stock, valued at approximately $37,000. Citadel Advisors LLC owned 0.97% of Jowell Global as of its most recent SEC filing. 0.08% of the stock is owned by institutional investors and hedge funds.
Jowell Global Company Profile
Jowell Global Limited is a Cayman Islands exempted special purpose acquisition company (“SPAC”) formed to effect a merger, capital stock exchange, asset acquisition or similar business combination with one or more private businesses. The company has no commercial operations of its own and holds its funds in trust pending the completion of an initial business combination.
Since its formation, Jowell Global has targeted opportunities in the technology, consumer and healthcare sectors, with a particular focus on companies operating in Greater China and North America.