Jardine Matheson Holdings Limited (OTCMKTS:JMHLY - Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 6,500 shares, a decline of 45.8% from the April 30th total of 12,000 shares. Based on an average daily trading volume, of 23,900 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.
Jardine Matheson Stock Performance
Shares of JMHLY traded up $0.32 during mid-day trading on Tuesday, hitting $44.42. The stock had a trading volume of 6,994 shares, compared to its average volume of 15,186. Jardine Matheson has a 52 week low of $34.15 and a 52 week high of $48.87. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.95 and a current ratio of 1.15. The business has a fifty day moving average price of $43.58 and a 200-day moving average price of $42.21.
Jardine Matheson Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Friday, March 21st were issued a dividend of $1.65 per share. The ex-dividend date of this dividend was Friday, March 21st. This is an increase from Jardine Matheson's previous dividend of $0.55.
Analyst Ratings Changes
Several analysts have commented on the stock. UBS Group raised shares of Jardine Matheson to a "strong-buy" rating in a research report on Friday, February 28th. Macquarie lowered shares of Jardine Matheson from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 29th.
Read Our Latest Stock Analysis on JMHLY
About Jardine Matheson
(
Get Free Report)
Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.
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