Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Short Interest Up 17.9% in November

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 15,800 shares, a growth of 17.9% from the November 15th total of 13,400 shares. Based on an average trading volume of 54,800 shares, the days-to-cover ratio is presently 0.3 days.

Jerónimo Martins, SGPS Stock Performance

Shares of OTCMKTS JRONY traded down $0.41 during trading on Monday, hitting $38.79. The company had a trading volume of 24,503 shares, compared to its average volume of 18,877. The stock has a 50 day simple moving average of $38.27 and a 200 day simple moving average of $38.78. 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 has a 12 month low of $32.68 and a 12 month high of $51.56. The firm has a market capitalization of $12.21 billion, a P/E ratio of 17.47, a price-to-earnings-growth ratio of 10.78 and a beta of 0.65.

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

Wall Street Analysts Forecast Growth

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

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.