Shares of J Sainsbury plc (LON:SBRY - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 261.23 ($3.54) and traded as high as GBX 286.80 ($3.89). J Sainsbury shares last traded at GBX 285.76 ($3.88), with a volume of 4,650,251 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a report on Thursday, April 17th.
Check Out Our Latest Stock Analysis on SBRY
J Sainsbury Stock Up 0.7%
The stock has a 50-day moving average price of GBX 269.28 and a 200-day moving average price of GBX 261.23. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The company has a market capitalization of £6.59 billion, a P/E ratio of 48.20, a P/E/G ratio of 0.42 and a beta of 0.67.
J Sainsbury (LON:SBRY - Get Free Report) last released 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 net margin of 0.42% and a return on equity of 1.94%. On average, research analysts predict that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.
Insider Buying and Selling at J Sainsbury
In other news, 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 ($3.53), for a total value of £107,174.60 ($145,420.08). Also, insider Simon Roberts sold 468,427 shares of the firm's stock in a transaction that occurred on Wednesday, May 14th. The shares were sold at an average price of GBX 277 ($3.76), for a total value of £1,297,542.79 ($1,760,573.66). Insiders own 5.40% of the company's stock.
About J Sainsbury
(
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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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