J Sainsbury plc (LON:SBRY - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 259.71 ($3.52) and traded as high as GBX 276.40 ($3.75). J Sainsbury shares last traded at GBX 274.30 ($3.72), with a volume of 8,774,102 shares trading hands.
Analyst Ratings Changes
Separately, Shore Capital reiterated a "house stock" rating on shares of J Sainsbury in a research note on Thursday, April 17th.
Read Our Latest Stock Analysis on J Sainsbury
J Sainsbury Stock Up 0.2%
The business has a 50-day simple moving average of GBX 264.59 and a two-hundred day simple moving average of GBX 260.19. The company has a market capitalization of £6.44 billion, a price-to-earnings ratio of 47.09, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66.
J Sainsbury (LON:SBRY - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The grocer reported GBX 23.10 ($0.31) earnings per share for the quarter. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%. As a group, equities analysts predict that J Sainsbury plc will post 25.7241977 EPS for the current year.
Insider Activity at J Sainsbury
In related news, insider Bl á thnaid Bergin sold 41,221 shares of J Sainsbury stock in a transaction on Thursday, April 24th. The stock was sold at an average price of GBX 260 ($3.52), for a total transaction of £107,174.60 ($145,242.72). Also, insider Simon Roberts sold 468,427 shares of the business's stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of GBX 277 ($3.75), for a total value of £1,297,542.79 ($1,758,426.33). Company 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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