Jardine Matheson (LON:JAR) Share Price Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Jardine Matheson Holdings Limited's shares have crossed above their 50-day moving average of GBX 54.67 ($0.73), reaching as high as GBX 55.98 ($0.74) during trading.
• The company reports a market capitalization of £10.43 billion and a P/E ratio of 127.93, indicating its valuation and pricing relative to its earnings.
• Insider Benjamin William Keswick sold 358,909 shares at an average price of GBX 4,458 ($59.17), totaling approximately £16 million in value.

Jardine Matheson Holdings Limited (LON:JAR - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 54.67 ($0.73) and traded as high as GBX 55.98 ($0.74). Jardine Matheson shares last traded at GBX 55.98 ($0.74), with a volume of 300 shares.

Jardine Matheson Stock Performance

The stock has a 50-day simple moving average of GBX 54.77 and a 200 day simple moving average of GBX 57.70. The company has a debt-to-equity ratio of 71.64, a current ratio of 1.15 and a quick ratio of 0.90. The company has a market capitalization of £10.56 billion, a PE ratio of 129.53 and a beta of 0.40.

Insider Buying and Selling

In related news, insider Benjamin William Keswick sold 358,909 shares of the stock in a transaction on Thursday, June 12th. The stock was sold at an average price of GBX 4,458 ($59.27), for a total transaction of £16,000,163.22 ($21,273,983.81). Insiders own 33.36% of the company's stock.

Jardine Matheson Company Profile

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 transportation businesses in China, Southeast Asia, the United Kingdom, and internationally.