Jardine Matheson (LON:JAR) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Jardine Matheson Holdings Limited (LON:JAR)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 69.51 and traded as high as GBX 78.25. Jardine Matheson shares last traded at GBX 78.25, with a volume of 5,750 shares traded.

Jardine Matheson Price Performance

The stock’s 50 day simple moving average is GBX 69.51 and its 200-day simple moving average is GBX 64.85. The firm has a market cap of £230.37 million, a price-to-earnings ratio of 2.30 and a beta of 0.40. The company has a debt-to-equity ratio of 71.64, a quick ratio of 0.90 and a current ratio of 1.15.

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 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.