Jerónimo Martins, SGPS (OTCMKTS:JRONY) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $38.27 and traded as high as $39.50. Jerónimo Martins, SGPS shares last traded at $39.20, with a volume of 46,518 shares trading hands.

Analyst Ratings Changes

Separately, BNP Paribas upgraded shares of Jerónimo Martins, SGPS to a “strong sell” rating in a research report on Friday, October 18th.

Jerónimo Martins, SGPS Stock Performance

The stock has a fifty day moving average of $38.27 and a 200-day moving average of $38.86. The company has a quick ratio of 0.30, a current ratio of 0.55 and a debt-to-equity ratio of 0.11. The stock has a market cap of $12.33 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 10.78 and a beta of 0.65.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.66 earnings per share for the quarter. The firm had revenue of $9.31 billion during the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. On average, equities analysts forecast that Jerónimo Martins, SGPS, S.A. will post 2.2 EPS for the current year.

About Jerónimo Martins, SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.