Jerónimo Martins, SGPS (OTCMKTS:JRONY) Share Price Passes Below 50 Day Moving Average – What’s Next?

Shares of Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $38.55 and traded as low as $37.43. Jerónimo Martins, SGPS shares last traded at $37.47, with a volume of 16,088 shares trading hands.

Analyst Ratings Changes

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

Jerónimo Martins, SGPS Trading Down 0.8 %

The company has a market cap of $11.79 billion, a price-to-earnings ratio of 16.88, a price-to-earnings-growth ratio of 10.73 and a beta of 0.65. The business’s fifty day moving average price is $38.55 and its 200 day moving average price is $38.15. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.55 and a quick ratio of 0.30.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.66 earnings per share (EPS) for the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. The company had revenue of $9.31 billion during the quarter. Research analysts anticipate that Jerónimo Martins, SGPS, S.A. will post 2.2 earnings per share for the current fiscal year.

Jerónimo Martins, SGPS Company Profile

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.