Jardine Matheson (LON:JAR) Stock Price Crosses Below 50 Day Moving Average – Time to Sell?

Jardine Matheson Holdings Limited (LON:JAR)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 66.81 and traded as low as GBX 66.38. Jardine Matheson shares last traded at GBX 66.38, with a volume of 53,300 shares trading hands.

Jardine Matheson Stock Performance

The firm has a fifty day simple moving average of GBX 66.81 and a 200-day simple moving average of GBX 67.85. The company has a market cap of £194.41 million, a PE ratio of 0.18 and a beta of 0.40. The company has a quick ratio of 0.90, a current ratio of 1.53 and a debt-to-equity ratio of 62.52.

About Jardine Matheson

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. It also involved in the restaurants and hotels, financial services, heavy equipment, mining, and agribusinesses. The company offers aviation and transport services; and engineering, sourcing, and contracting services, as well as invests in, develops, and manages residential, commercial, and mixed-use properties.