Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Sees Large Increase in Short Interest

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) was the recipient of a significant growth in short interest in 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 daily volume of 54,800 shares, the short-interest ratio is presently 0.3 days.

Jerónimo Martins, SGPS Price Performance

OTCMKTS:JRONY traded down $0.41 during trading hours on Monday, reaching $38.79. The company had a trading volume of 24,503 shares, compared to its average volume of 18,877. The company has a quick ratio of 0.30, a current ratio of 0.55 and a debt-to-equity ratio of 0.11. The stock has a 50-day moving average of $38.27 and a two-hundred day moving average of $38.78. Jerónimo Martins, SGPS has a one year low of $32.68 and a one year high of $51.56. The firm has a market capitalization of $12.21 billion, a PE ratio of 17.47, a PEG ratio of 10.78 and a beta of 0.65.

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

Wall Street Analysts Forecast Growth

Separately, BNP Paribas raised Jerónimo Martins, SGPS to a “strong sell” rating in a report 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.