Jardine Matheson (OTCMKTS:JMHLY) Reaches New 52-Week High – Here’s What Happened

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $69.50 and last traded at $68.32, with a volume of 9470 shares. The stock had previously closed at $69.10.

Wall Street Analysts Forecast Growth

Separately, Macquarie upgraded Jardine Matheson from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Jardine Matheson Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.24 and a quick ratio of 1.03. The company has a 50-day moving average price of $63.95 and a two-hundred day moving average price of $57.95.

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 transport businesses in China, Southeast Asia, and internationally.