Fri Oct 04 04:49:09 UTC 2024: ## Jerash Holdings (US) Shares Dip Slightly on Thursday

**New York, NY (October 4, 2024)** – Jerash Holdings (US), Inc. (NASDAQ: JRSH) saw a modest decline of 0.3% in trading on Thursday, closing at $2.99. The stock traded as low as $2.95 with a volume of 6,319 shares, significantly lower than the average daily volume of 10,561 shares.

The company’s recent quarterly earnings report, released on August 13th, showed a miss on analysts’ expectations, with earnings per share coming in at ($0.11) compared to the estimated $0.09. Despite the miss, the company reported revenue of $40.94 million for the quarter.

Jerash Holdings (US) specializes in manufacturing and exporting customized and ready-made sportswear and outerwear, catering to various brand-name retailers globally. The company’s product offerings include t-shirts, jackets, pants, and personal protective equipment.

While the stock’s recent performance may raise concerns, investors are advised to monitor the company’s future earnings reports and industry trends for a clearer picture of its overall performance.

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