Renaissance Technologies LLC Has $228,000 Holdings in Jerash Holdings (US), Inc. (NASDAQ:JRSH)

Renaissance Technologies LLC cut its position in Jerash Holdings (US), Inc. (NASDAQ:JRSH) by 9.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,835 shares of the company’s stock after selling 7,705 shares during the quarter. Renaissance Technologies LLC owned approximately 0.61% of Jerash Holdings (US) worth $228,000 at the end of the most recent reporting period.

Jerash Holdings (US) Stock Up 1.0 %

Shares of JRSH stock opened at $2.97 on Friday. Jerash Holdings has a 12-month low of $2.68 and a 12-month high of $3.43. The company has a market capitalization of $36.53 million, a P/E ratio of -9.58 and a beta of 0.82. The firm has a 50-day moving average price of $2.94 and a 200 day moving average price of $3.00.

Jerash Holdings (US) (NASDAQ:JRSH) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.20). The business had revenue of $40.94 million for the quarter. Jerash Holdings (US) had a negative return on equity of 5.78% and a negative net margin of 3.12%.

Jerash Holdings (US) Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Friday, August 16th were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 6.73%. The ex-dividend date was Friday, August 16th. Jerash Holdings (US)’s dividend payout ratio (DPR) is currently -64.51%.

Jerash Holdings (US) Company Profile

Jerash Holdings (US), Inc, through its subsidiaries, manufactures and exports customized and ready-made sport and outerwear. The company offers t-shirts; jackets and pullover; pants and shorts; crew neck, polo shirts, and tank tops made from knitted fabric, as well as personal protective equipment. It serves various brand-name retailers in the United States, Hong Kong, Jordan, and internationally.