J Sainsbury (LON:SBRY) Given "House Stock" Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of J Sainsbury (LON:SBRY - Free Report) in a report released on Tuesday, MarketBeat reports.

J Sainsbury Trading Up 1.7%

Shares of J Sainsbury stock traded up GBX 4.61 ($0.06) on Tuesday, hitting GBX 281.41 ($3.84). The stock had a trading volume of 9,614,081 shares, compared to its average volume of 18,438,865. The stock has a 50 day moving average of GBX 280.69 and a 200 day moving average of GBX 263.38. The firm has a market capitalization of £6.49 billion, a P/E ratio of 47.46, a PEG ratio of 0.42 and a beta of 0.67. J Sainsbury has a twelve month low of GBX 223.40 ($3.05) and a twelve month high of GBX 301.40 ($4.11). The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66.

J Sainsbury (LON:SBRY - Get Free Report) last posted its earnings results on Thursday, April 17th. The grocer reported GBX 23.10 ($0.32) earnings per share for the quarter. J Sainsbury had a net margin of 0.42% and a return on equity of 1.94%. Sell-side analysts expect that J Sainsbury will post 25.7241977 earnings per share for the current fiscal year.

Insider Activity at J Sainsbury

In related news, insider Simon Roberts sold 468,427 shares of J Sainsbury stock in a transaction on Wednesday, May 14th. The shares were sold at an average price of GBX 277 ($3.78), for a total transaction of £1,297,542.79 ($1,770,905.95). Also, insider Bl á thnaid Bergin sold 41,221 shares of the business's stock in a transaction on Thursday, April 24th. The shares were sold at an average price of GBX 260 ($3.55), for a total transaction of £107,174.60 ($146,273.51). 5.40% of the stock is currently owned by company insiders.

J Sainsbury Company Profile

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.