Jerónimo Martins, SGPS (OTCMKTS:JRONY) Stock Passes Above Fifty Day Moving Average – Here’s Why

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $38.27 and traded as high as $39.50. Jerónimo Martins, SGPS shares last traded at $39.20, with a volume of 46,518 shares.

Wall Street Analyst Weigh In

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

Jerónimo Martins, SGPS Trading Down 0.2 %

The firm has a market capitalization of $12.33 billion, a PE ratio of 17.66, a P/E/G ratio of 10.78 and a beta of 0.65. The stock’s 50-day simple moving average is $38.27 and its 200-day simple moving average is $38.82. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.30 and a current ratio of 0.55.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last announced its earnings results 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 firm had revenue of $9.31 billion during the quarter. As a group, sell-side analysts expect that Jerónimo Martins, SGPS, S.A. will post 2.2 EPS 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.