Jardine Matheson (OTCMKTS:JMHLY) Reaches New 12-Month High – What’s Next?

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLYGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $75.25 and last traded at $75.25, with a volume of 1994 shares trading hands. The stock had previously closed at $74.70.

Wall Street Analysts Forecast Growth

Separately, Macquarie upgraded shares of 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, Jardine Matheson has a consensus rating of “Strong Buy”.

Check Out Our Latest Research Report on JMHLY

Jardine Matheson Trading Down 0.9%

The company has a quick ratio of 1.03, a current ratio of 1.24 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average price of $66.62 and a two-hundred day moving average price of $60.91.

Jardine Matheson Company Profile

(Get Free Report)

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.

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