Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Up – What’s Next?

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) gapped up before the market opened on Wednesday . The stock had previously closed at $61.59, but opened at $64.8125. Jardine Matheson shares last traded at $63.79, with a volume of 5,525 shares.

Analysts Set New Price Targets

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

Jardine Matheson Price Performance

The stock has a fifty day moving average of $62.03 and a two-hundred day moving average of $55.07. The company has a quick ratio of 1.03, a current ratio of 1.24 and a debt-to-equity ratio of 0.22.

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.