J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $16.15, but opened at $15.60. J. Sainsbury shares last traded at $15.60, with a volume of 603 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Jefferies Financial Group cut J. Sainsbury from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. Hsbc Global Res raised shares of J. Sainsbury from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 21st. BNP Paribas lowered shares of J. Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Finally, Kepler Capital Markets lowered J. Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy".
View Our Latest Stock Analysis on JSAIY
J. Sainsbury Price Performance
The company has a debt-to-equity ratio of 0.16, a current ratio of 0.74 and a quick ratio of 0.57. The company's 50-day moving average is $15.22 and its 200 day moving average is $13.82.
J. Sainsbury Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, June 9th will be paid a $0.4798 dividend. This represents a dividend yield of 4.13%. The ex-dividend date is Friday, June 6th. This is an increase from J. Sainsbury's previous dividend of $0.20.
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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