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

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONYGet Free Report)’s stock price crossed 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.

Analysts Set New Price Targets

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

View Our Latest Analysis on JRONY

Jerónimo Martins, SGPS Trading Up 1.1 %

The company 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. 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 firm has a fifty day moving average price of $38.77 and a 200 day moving average price of $37.87.

Jerónimo Martins, SGPS Company Profile

(Get Free Report)

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.

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