Jardine Matheson (LON:JAR) Stock Price Passes Below Fifty Day Moving Average – What’s Next?

Shares of Jardine Matheson Holdings Limited (LON:JARGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 62.64 and traded as low as GBX 58.91. Jardine Matheson shares last traded at GBX 58.91, with a volume of 1,900 shares traded.

Jardine Matheson Price Performance

The stock has a market capitalization of £183.72 million, a price-to-earnings ratio of 0.16 and a beta of 0.43. The company has a quick ratio of 0.90, a current ratio of 1.25 and a debt-to-equity ratio of 61.84. The stock has a fifty day moving average of GBX 62.65 and a 200-day moving average of GBX 65.29.

About Jardine Matheson

(Get Free Report)

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.

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