Jerónimo Martins, SGPS (OTCMKTS:JRONY) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $38.51 and traded as low as $37.74. Jerónimo Martins, SGPS shares last traded at $37.81, with a volume of 27,708 shares.

Analyst Ratings Changes

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

Jerónimo Martins, SGPS Stock Up 0.4 %

The stock has a market cap of $11.90 billion, a P/E ratio of 17.03, a PEG ratio of 10.78 and a beta of 0.65. The stock’s fifty day simple moving average is $38.27 and its 200-day simple moving average is $38.46. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.55 and a quick ratio of 0.30.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.66 EPS for the quarter. The firm had revenue of $9.31 billion during the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. On average, research analysts anticipate that Jerónimo Martins, SGPS, S.A. will post 2.2 earnings per share for the current 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.