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Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Up - Time to Buy?

Jardine Matheson logo with Multi-Sector Conglomerates background

Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $51.09, but opened at $53.15. Jardine Matheson shares last traded at $53.10, with a volume of 450 shares.

Analysts Set New Price Targets

Separately, Macquarie lowered 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 Jardine Matheson

Jardine Matheson Stock Up 0.0%

The company has a current ratio of 1.19, a quick ratio of 0.99 and a debt-to-equity ratio of 0.23. The business's 50-day simple moving average is $46.79 and its 200-day simple moving average is $43.14.

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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