Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Down – Should You Sell?

by · The Markets Daily

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $56.69, but opened at $53.00. Jardine Matheson shares last traded at $53.00, with a volume of 1,236 shares traded.

Analyst Upgrades and Downgrades

JMHLY has been the subject of a number of research reports. Dbs Bank began coverage on Jardine Matheson in a report on Monday, July 13th. They set a “buy” rating for the company. Zacks Research raised Jardine Matheson to a “hold” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Jardine Matheson presently has a consensus rating of “Moderate Buy” and a consensus target price of $90.00.

Check Out Our Latest Research Report on Jardine Matheson

Jardine Matheson Price Performance

The stock’s 50-day simple moving average is $60.61 and its 200 day simple moving average is $65.66. The company has a current ratio of 1.53, a quick ratio of 1.33 and a debt-to-equity ratio of 0.22.

About Jardine Matheson

(Get Free Report)

Jardine Matheson Holdings Limited is a diversified Asian investment company with businesses spanning automotive, retail, property, engineering, hospitality and financial services. The group operates through a portfolio of established companies, including Jardine Motors Group, DFI Retail Group, Hongkong Land, Mandarin Oriental Hotel Group, Jardine Cycle & Carriage and Jardine Pacific.

Its businesses serve consumers and commercial customers across Hong Kong, mainland China, Southeast Asia and other international markets.

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