Free Trial

J Sainsbury (LON:SBRY) Stock Passes Above 200 Day Moving Average - Should You Sell?

J Sainsbury logo with Consumer Defensive background

J Sainsbury plc (LON:SBRY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 258.11 ($3.43) and traded as high as GBX 269.80 ($3.59). J Sainsbury shares last traded at GBX 263.40 ($3.50), with a volume of 11,964,226 shares.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a research note on Thursday, April 17th. JPMorgan Chase & Co. cut their price objective on shares of J Sainsbury from GBX 310 ($4.12) to GBX 305 ($4.05) and set an "overweight" rating on the stock in a research report on Monday, January 13th.

Read Our Latest Report on J Sainsbury

J Sainsbury Price Performance

The firm has a market cap of £6.30 billion, a price-to-earnings ratio of 46.08, a P/E/G ratio of 0.42 and a beta of 0.67. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 95.36. The business's 50-day simple moving average is GBX 247.65 and its two-hundred day simple moving average is GBX 257.83.

J Sainsbury (LON:SBRY - Get Free Report) last issued its 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%. As a group, research analysts expect that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.

Insider Activity at J Sainsbury

In related news, insider Bl á thnaid Bergin sold 41,221 shares of the stock in a transaction dated Thursday, April 24th. The shares were sold at an average price of GBX 260 ($3.46), for a total value of £107,174.60 ($142,481.52). 5.40% of the stock is owned by corporate 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.

Recommended Stories

Should You Invest $1,000 in J Sainsbury Right Now?

Before you consider J Sainsbury, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and J Sainsbury wasn't on the list.

While J Sainsbury currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines