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Jardine Matheson (OTCMKTS:JMHLY) Hits New 12-Month High - What's Next?

Jardine Matheson logo with Multi-Sector Conglomerates background

Key Points

  • Jardine Matheson Holdings Ltd. reached a new 52-week high of $56.50, with a last traded price of $56.29 and a trading volume of 7,762 shares.
  • Macquarie has downgraded Jardine Matheson's rating from "strong-buy" to "hold."
  • The company's current financial ratios include a current ratio of 1.19 and a debt-to-equity ratio of 0.23, indicating stable financial health.
  • MarketBeat previews the top five stocks to own by August 1st.
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Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $56.50 and last traded at $56.29, with a volume of 7762 shares traded. The stock had previously closed at $56.38.

Analyst Upgrades and Downgrades

Separately, Macquarie cut shares of Jardine Matheson from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 29th.

Check Out Our Latest Research Report on JMHLY

Jardine Matheson Trading Down 0.2%

The business's 50-day moving average price is $47.85 and its two-hundred day moving average price is $43.84. The company has a current ratio of 1.19, a quick ratio of 0.99 and a debt-to-equity ratio of 0.23.

About Jardine Matheson

(Get Free Report)

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 transport businesses in China, Southeast Asia, and internationally.

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