J Sainsbury (OTCMKTS:JSAIY) Hits New 52-Week Low – Here’s What Happened

J Sainsbury plc (OTCMKTS:JSAIYGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $11.92 and last traded at $11.99, with a volume of 34961 shares trading hands. The stock had previously closed at $12.28.

Analyst Upgrades and Downgrades

JSAIY has been the subject of a number of recent analyst reports. BNP Paribas downgraded shares of J Sainsbury from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Hsbc Global Res upgraded J Sainsbury from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Strong Buy”.

Check Out Our Latest Analysis on JSAIY

J Sainsbury Trading Up 3.0 %

The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 0.17. The firm’s fifty day moving average price is $12.88 and its 200 day moving average price is $13.67.

About J Sainsbury

(Get Free Report)

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.

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