JE Cleantech (NASDAQ:JCSE) Trading 2.1% Higher – Here’s Why

JE Cleantech Holdings Limited (NASDAQ:JCSE)’s share price rose 2.1% during trading on Thursday . The stock traded as high as $1.48 and last traded at $1.44. Approximately 8,242 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 34,204 shares. The stock had previously closed at $1.41.

JE Cleantech Stock Performance

The stock has a fifty day moving average price of $1.37 and a two-hundred day moving average price of $1.25. The company has a quick ratio of 1.02, a current ratio of 2.06 and a debt-to-equity ratio of 0.27.

JE Cleantech Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 10th were issued a $0.09 dividend. The ex-dividend date was Tuesday, December 10th. This represents a $0.36 annualized dividend and a dividend yield of 25.00%.

JE Cleantech Company Profile

JE Cleantech Holdings Limited, an investment holding company, designs, develops, manufactures, and sells cleaning systems for various industrial end-use applications in Singapore, Malaysia, and internationally. It provides various cleaning systems and other equipment, including aqueous washing systems, plating and cleaning systems, train cleaning systems, and filtration units, as well as equipment parts and components.