Free Trial

Jardine Matheson (OTCMKTS:JMHLY) Reaches New 12-Month High - Here's What Happened

Jardine Matheson logo with Multi-Sector Conglomerates background

Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $53.90 and last traded at $53.90, with a volume of 4340 shares. The stock had previously closed at $53.57.

Analysts Set New Price Targets

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

Check Out Our Latest Report on JMHLY

Jardine Matheson Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.99 and a current ratio of 1.19. The business's 50 day moving average is $47.66 and its 200 day moving average is $43.69.

Jardine Matheson Company Profile

(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.

Further Reading

Should You Invest $1,000 in Jardine Matheson Right Now?

Before you consider Jardine Matheson, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jardine Matheson wasn't on the list.

While Jardine Matheson currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Stocks With Explosive Upside
September Slowdown: 3 Stocks to Buy When the Pullback Comes
3 Overlooked Stocks Riding the AI Data Center Boom

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines