Jardine Matheson (LON:JAR) Shares Down 21.5% - Time to Sell?

Shares of Jardine Matheson Holdings Limited (LON:JAR - Get Free Report) dropped 21.5% during mid-day trading on Tuesday . The stock traded as low as GBX 49.04 ($0.67) and last traded at GBX 49.04 ($0.67). Approximately 1,660 shares traded hands during trading, a decline of 62% from the average daily volume of 4,382 shares. The stock had previously closed at GBX 62.50 ($0.85).

Jardine Matheson Stock Down 21.5%

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 firm has a 50-day simple moving average of GBX 56.28 and a two-hundred day simple moving average of GBX 58.63. The company has a market cap of £9.13 billion, a PE ratio of 112.07 and a beta of 0.40.

Insider Activity at Jardine Matheson

In other Jardine Matheson news, insider Benjamin William Keswick sold 358,909 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of GBX 4,458 ($60.60), for a total transaction of £16,000,163.22 ($21,751,173.49). 33.36% of the stock is currently owned by corporate insiders.

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.