Jardine Matheson (LON:JAR) Stock Price Passes Above Fifty Day Moving Average - Here's Why

Key Points

• Jardine Matheson Holdings Limited shares have crossed above their 50-day moving average of GBX 57.37, closing at GBX 59.43 during trading on Tuesday.
• Insider Benjamin William Keswick sold 358,909 shares for a total of £16 million, indicating potential insider movement in the company's stock.
• The company operates in various sectors including motor vehicles, property investment, and food retailing, with a current market capitalization of £11.07 billion.

Jardine Matheson Holdings Limited (LON:JAR - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 57.37 ($0.78) and traded as high as GBX 59.43 ($0.80). Jardine Matheson shares last traded at GBX 59.43 ($0.80), with a volume of 100 shares traded.

Jardine Matheson Stock Performance

The company has a market cap of £11.64 billion, a P/E ratio of 142.83 and a beta of 0.40. The business has a fifty day moving average price of GBX 58.25 and a 200-day moving average price of GBX 57.34. The company has a quick ratio of 0.90, a current ratio of 1.15 and a debt-to-equity ratio of 71.64.

Insider Activity

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. 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.