Jardine Matheson (LON:JAR) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Key Points

• Jardine Matheson shares crossed above their 50-day moving average of GBX 58.56, reaching as high as GBX 59.99 during trading.
• The company has a market capitalization of £177.01 million and a PE ratio of 176.44, indicating a relatively high valuation.
• Insider Benjamin William Keswick sold 358,909 shares at an average price of GBX 4,458, totaling approximately £16 million.

Jardine Matheson Holdings Limited (LON:JAR - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 58.56 ($0.79) and traded as high as GBX 59.99 ($0.81). Jardine Matheson shares last traded at GBX 59.99 ($0.81), with a volume of 143 shares traded.

Jardine Matheson Price Performance

The company has a debt-to-equity ratio of 71.64, a quick ratio of 0.90 and a current ratio of 1.15. The company has a 50-day simple moving average of GBX 58.51 and a 200-day simple moving average of GBX 57.45. The company has a market cap of £177.01 million, a price-to-earnings ratio of 176.44 and a beta of 0.40.

Insider Activity at Jardine Matheson

In other news, insider Benjamin William Keswick sold 358,909 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of GBX 4,458, for a total transaction of £16,000,163.22. 64.33% of the stock is owned by company 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.