Jerónimo Martins, SGPS (OTCMKTS:JRONY) Stock Passes Above Fifty Day Moving Average – What’s Next?

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $38.77 and traded as high as $40.75. Jerónimo Martins, SGPS shares last traded at $40.75, with a volume of 9,718 shares trading hands.

Analyst Ratings Changes

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

Jerónimo Martins, SGPS Trading Up 1.1 %

The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.30 and a current ratio of 0.56. The business has a 50-day simple moving average of $38.77 and a two-hundred day simple moving average of $37.87. The stock has a market cap of $12.82 billion, a price-to-earnings ratio of 18.36, a P/E/G ratio of 14.97 and a beta of 0.66.

Jerónimo Martins, SGPS Company Profile

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.