J. Sainsbury (OTCMKTS:JSAIY) Reaches New 1-Year High - Should You 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.

J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report)'s stock price 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. The stock had previously closed at $16.95.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on JSAIY. Zacks Research raised shares of J. Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Wednesday. Jefferies Financial Group cut J. Sainsbury from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Two research 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, J. Sainsbury presently has a consensus rating of "Moderate 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 stock has a fifty day moving average of $16.57 and a 200-day moving average of $15.09.

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.