Jardine Matheson (LON:JAR) Shares Pass Below 50 Day Moving Average – Time to Sell?

Jardine Matheson Holdings Limited (LON:JAR)’s stock price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 58.47 ($0.79) and traded as low as GBX 45.21 ($0.61). Jardine Matheson shares last traded at GBX 45.21 ($0.61), with a volume of 200 shares traded.

Jardine Matheson Trading Down 27.7%

The company has a debt-to-equity ratio of 71.64, a current ratio of 1.15 and a quick ratio of 0.90. The stock’s 50-day moving average is GBX 58.47 and its two-hundred day moving average is GBX 60.37. The stock has a market cap of £8.42 billion, a P/E ratio of 103.32 and a beta of 0.40.

Jardine Matheson Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, May 14th. Investors of record on Thursday, March 20th were given a dividend of $1.65 per share. This is a positive change from Jardine Matheson’s previous dividend of $0.60. The ex-dividend date was Thursday, March 20th. This represents a dividend yield of 2.64%. Jardine Matheson’s dividend payout ratio is currently 51,420.50%.

About Jardine Matheson

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.