Jardine Matheson (LON:JAR) Trading Down 21.5% - What's Next?

Jardine Matheson Holdings Limited (LON:JAR - Get Free Report) fell 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). 1,660 shares changed hands during trading, a decline of 62% from the average session volume of 4,382 shares. The stock had previously closed at GBX 62.50 ($0.85).

Jardine Matheson Stock Performance

The stock's 50-day moving average is GBX 55.74 and its 200 day moving average is GBX 58.47. The stock has a market cap of £9.13 billion, a price-to-earnings ratio of 111.98 and a beta of 0.40. The company has a debt-to-equity ratio of 71.64, a current ratio of 1.15 and a quick ratio of 0.90.

Insider Activity

In related news, insider Benjamin William Keswick sold 358,909 shares of Jardine Matheson stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of GBX 4,458 ($60.56), for a total value of £16,000,163.22 ($21,736,398.89). Company insiders own 33.36% of the company's stock.

About Jardine Matheson

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.