Jardine Matheson (OTCMKTS:JMHLY) Sees Unusually-High Trading Volume – What’s Next?

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) shares saw unusually-strong trading volume on Tuesday . Approximately 43,776 shares were traded during mid-day trading, an increase of 250% from the previous session’s volume of 12,514 shares.The stock last traded at $61.7050 and had previously closed at $64.80.

Analyst Ratings Changes

Separately, Macquarie upgraded shares of Jardine Matheson from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, Jardine Matheson currently has a consensus rating of “Strong Buy”.

Jardine Matheson Stock Down 1.4%

The company has a current ratio of 1.24, a quick ratio of 1.03 and a debt-to-equity ratio of 0.22. The firm’s 50-day moving average price is $62.16 and its two-hundred day moving average price is $55.18.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.