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

Key Points

• Jardine Matheson (JMHLY) gapped up, opening at $82.35 versus a prior close of $73.42 — roughly an 11.1% jump — with 5,510 shares traded at the latest print.
• Key technical and liquidity metrics show a 50-day MA of $75.14 and 200-day MA of $67.38, with a quick ratio of 1.03, current ratio of 1.24 and a low debt-to-equity of 0.22.
• Jardine Matheson is a Bermuda-registered, Hong Kong–listed diversified conglomerate (ADS trading OTC as JMHLY) holding controlling interests in property, retail, hospitality, automotive and engineering businesses across Asia.

Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $73.42, but opened at $82.35. Jardine Matheson shares last traded at $82.34, with a volume of 5,510 shares traded.

Jardine Matheson Stock Up 11.1%

The firm's fifty day moving average price is $75.14 and its 200-day moving average price is $67.38. The company has a quick ratio of 1.03, a current ratio of 1.24 and a debt-to-equity ratio of 0.22.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.

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