Jardine Matheson (LON:JAR) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Jardine Matheson Holdings Limited (LON:JARGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 62.72 and traded as high as GBX 63.30. Jardine Matheson shares last traded at GBX 63.30, with a volume of 1,300 shares trading hands.

Jardine Matheson Stock Performance

The company has a debt-to-equity ratio of 61.84, a quick ratio of 0.90 and a current ratio of 1.25. The company’s 50 day moving average price is GBX 62.72 and its 200-day moving average price is GBX 66.48. The stock has a market cap of £185.03 million, a P/E ratio of 0.17 and a beta of 0.43.

Jardine Matheson Company Profile

(Get Free Report)

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 transportation businesses in China, Southeast Asia, the United Kingdom, and internationally. It also involved in the restaurants and hotels, financial services, heavy equipment, mining, and agribusinesses. The company offers aviation and transport services; and engineering, sourcing, and contracting services, as well as invests in, develops, and manages residential, commercial, and mixed-use properties.

Further Reading

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