Jerónimo Martins, SGPS (OTCMKTS:JRONY) Stock Passes Below 200-Day Moving Average – What’s Next?

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $38.51 and traded as low as $37.74. Jerónimo Martins, SGPS shares last traded at $37.81, with a volume of 27,708 shares trading hands.

Analyst Upgrades and Downgrades

Separately, BNP Paribas raised Jerónimo Martins, SGPS to a “strong sell” rating in a report on Friday, October 18th.

Jerónimo Martins, SGPS Stock Performance

The stock has a market capitalization of $11.90 billion, a P/E ratio of 17.03, a P/E/G ratio of 10.78 and a beta of 0.65. The company’s fifty day simple moving average is $38.27 and its 200 day simple moving average is $38.51. The company has a current ratio of 0.55, a quick ratio of 0.30 and a debt-to-equity ratio of 0.11.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last posted its earnings results on Wednesday, October 30th. The company reported $0.66 EPS for the quarter. The business had revenue of $9.31 billion during the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. As a group, sell-side analysts forecast that Jerónimo Martins, SGPS, S.A. will post 2.2 earnings per share for the current fiscal year.

About Jerónimo Martins, SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.