Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Up – Time to Buy?

by · The Cerbat Gem

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $78.59, but opened at $82.73. Jardine Matheson shares last traded at $77.50, with a volume of 1,615 shares.

Jardine Matheson Price Performance

The stock’s 50-day simple moving average is $74.32 and its two-hundred day simple moving average is $66.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.24 and a quick ratio of 1.03.

Jardine Matheson Company Profile

(Get Free Report)

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.

Further Reading