Short Interest in Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Rises By 687.5%

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 25,200 shares, an increase of 687.5% from the September 30th total of 3,200 shares. Based on an average daily volume of 40,900 shares, the days-to-cover ratio is presently 0.6 days.

Analyst Ratings Changes

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

Jerónimo Martins, SGPS Trading Up 1.2 %

Jerónimo Martins, SGPS stock traded up $0.42 during trading on Friday, hitting $36.53. The company had a trading volume of 11,664 shares, compared to its average volume of 16,331. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 15.74, a price-to-earnings-growth ratio of 5.11 and a beta of 0.65. The company has a current ratio of 0.55, a quick ratio of 0.30 and a debt-to-equity ratio of 0.11. Jerónimo Martins, SGPS has a 1-year low of $32.68 and a 1-year high of $51.83. The company’s 50 day simple moving average is $37.42 and its 200-day simple moving average is $39.60.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last posted its quarterly earnings data on Wednesday, July 24th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by ($0.02). Jerónimo Martins, SGPS had a net margin of 2.02% and a return on equity of 22.10%. The firm had revenue of $8.86 billion during the quarter. As a group, analysts expect that Jerónimo Martins, SGPS will post 2.3 EPS for the current fiscal 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.