JRSH - Jerash Holdings: Strong Top-Line Growth Will Eventually Move The Share Price
We wrote about Jerash Holdings (JRSH) back in January before the coronavirus virus pandemic spread throughout the world. At the time, shares were trading for $6.44 per share, and the firm had already reported second-quarter earnings for fiscal 2020. Fast forward almost four months now and the share price has dropped to approximately $4.60 per share, which is a drop of approximately 29% in value.
Jerash Holdings manufactures custom, outwear and ready-made sporting products for the likes of V.F. Corporation (VFC), Walmart (WMT) and Costco (COST). Due to sustained demand for the firm's products, Jerash