J Sainsbury plc (LON:SBRY - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 257.48 ($3.42) and traded as high as GBX 281.40 ($3.74). J Sainsbury shares last traded at GBX 269.80 ($3.59), with a volume of 7,970,974 shares changing hands.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "house stock" rating on shares of J Sainsbury in a report on Thursday, April 17th.
View Our Latest Report on J Sainsbury
J Sainsbury Stock Up 0.7%
The firm has a fifty day simple moving average of GBX 250.66 and a 200-day simple moving average of GBX 257.51. The company has a market capitalization of £6.44 billion, a P/E ratio of 47.06, a P/E/G ratio of 0.42 and a beta of 0.67. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36.
J Sainsbury (LON:SBRY - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The grocer reported GBX 23.10 ($0.31) earnings per share (EPS) for the quarter. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%. On average, equities research analysts expect that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.
Insider Activity at J Sainsbury
In other news, insider Simon Roberts sold 468,427 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The stock was sold at an average price of GBX 277 ($3.68), for a total value of £1,297,542.79 ($1,725,455.84). Also, insider Bl á thnaid Bergin sold 41,221 shares of the stock in a transaction that occurred on Thursday, April 24th. The stock was sold at an average price of GBX 260 ($3.46), for a total value of £107,174.60 ($142,519.41). Insiders own 5.40% of the company's stock.
J Sainsbury Company Profile
(
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J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers.
Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.
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