Jardine Matheson (LON:JAR) Shares Cross Below 200-Day Moving Average – Time to Sell?

Shares of Jardine Matheson Holdings Limited (LON:JAR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 67.36 and traded as low as GBX 61.07. Jardine Matheson shares last traded at GBX 61.07, with a volume of 200 shares trading hands.

Jardine Matheson Stock Performance

The company has a debt-to-equity ratio of 62.52, a current ratio of 1.53 and a quick ratio of 0.90. The stock has a market cap of £179.79 million, a PE ratio of 0.16 and a beta of 0.43. The business has a 50 day moving average price of GBX 64.45 and a two-hundred day moving average price of GBX 67.36.

Jardine Matheson Company Profile

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.