Jardine Matheson (LON:JAR) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Key Points

• Jardine Matheson Holdings Limited shares surpassed the 200-day moving average of GBX 58.61, reaching GBX 60.67 during trading.
• The company has a market capitalization of £184.42 million and a P/E ratio of 183.82, indicating high valuation relative to earnings.
• Jardine Matheson operates across multiple sectors including motor vehicles, property investment, and food retailing in various regions including China and the UK.

Jardine Matheson Holdings Limited (LON:JAR - ) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 58.61 ($0.79) and traded as high as GBX 60.67 ($0.81). Jardine Matheson shares last traded at GBX 60.60 ($0.81), with a volume of 652 shares changing hands.

Jardine Matheson Price Performance

The company has a market capitalization of £184.42 million, a P/E ratio of 183.82 and a beta of 0.40. The company has a current ratio of 1.15, a quick ratio of 0.90 and a debt-to-equity ratio of 71.64. The stock has a 50 day moving average price of GBX 61.47 and a 200 day moving average price of GBX 58.61.

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.

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