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