J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $12.81 and traded as high as $14.17. J Sainsbury shares last traded at $14.09, with a volume of 52,755 shares traded.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. Hsbc Global Res raised J Sainsbury from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 21st. Kepler Capital Markets downgraded shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 23rd. Finally, BNP Paribas cut shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Two equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy".
Get Our Latest Stock Report on JSAIY
J Sainsbury Stock Performance
The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.74. The business has a 50-day moving average price of $12.87 and a 200 day moving average price of $13.30.
About J Sainsbury
(
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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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