J Sainsbury plc (LON:SBRY - Get Free Report)'s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 264.25 ($3.55) and traded as high as GBX 292.20 ($3.92). J Sainsbury shares last traded at GBX 290.90 ($3.90), with a volume of 13,815,094 shares trading hands.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on SBRY. Shore Capital restated a "house stock" rating on shares of J Sainsbury in a research report on Tuesday, July 1st. Royal Bank Of Canada lifted their price target on J Sainsbury from GBX 300 ($4.03) to GBX 305 ($4.09) and gave the stock an "outperform" rating in a research note on Friday, July 4th.
Get Our Latest Analysis on J Sainsbury
J Sainsbury Price Performance
The company has a 50 day moving average of GBX 284 and a two-hundred day moving average of GBX 264.18. The firm has a market cap of £6.71 billion, a P/E ratio of 49.06, a PEG 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 posted its quarterly earnings data 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%. Sell-side analysts expect that J Sainsbury plc will post 25.7241977 EPS for the current year.
Insiders Place Their Bets
In related news, insider Simon Roberts sold 578,500 shares of the stock in a transaction that occurred on Thursday, July 10th. The stock was sold at an average price of GBX 284 ($3.81), for a total transaction of £1,642,940 ($2,205,288.59). Also, insider Bl á thnaid Bergin sold 41,221 shares of the firm's stock in a transaction on Thursday, April 24th. The shares were sold at an average price of GBX 260 ($3.49), for a total value of £107,174.60 ($143,858.52). Over the last ninety days, insiders have sold 1,088,148 shares of company stock valued at $304,765,739. 5.40% of the stock is owned by insiders.
About J Sainsbury
(
Get Free Report)
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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