J. Sainsbury (OTCMKTS:JSAIY) Sets New 52-Week High - Still a Buy?

Key Points

• J. Sainsbury PLC shares reached a new 52-week high at $17.44, with a trading volume of 752 shares.
• Analyst ratings show a mixed outlook, with Jefferies Financial Group downgrading the stock from a "buy" to a "hold," while the consensus rating remains a "Buy."
• The company's financial ratios indicate a debt-to-equity ratio of 0.16 and a current ratio of 0.74, suggesting a stable financial position.

Shares of J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $17.44 and last traded at $17.44, with a volume of 752 shares traded. The stock had previously closed at $16.95.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded J. Sainsbury from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Three investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy".

J. Sainsbury Price Performance

The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $16.39 and a 200 day moving average price of $14.99.

About J. Sainsbury

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.

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