Jerónimo Martins, SGPS (OTCMKTS:JRONY) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $38.35 and traded as high as $39.28. Jerónimo Martins, SGPS shares last traded at $39.23, with a volume of 16,707 shares changing hands.

Analyst Upgrades and Downgrades

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

Jerónimo Martins, SGPS Price Performance

The company’s 50 day simple moving average is $38.34 and its 200 day simple moving average is $38.01. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.56 and a quick ratio of 0.30. The stock has a market cap of $12.45 billion, a P/E ratio of 17.82, a P/E/G ratio of 14.35 and a beta of 0.65.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last released its quarterly earnings data 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 net margin of 1.94% and a return on equity of 21.07%. As a group, equities analysts forecast that Jerónimo Martins, SGPS, S.A. will post 2.11 earnings per share for the current 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.