Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Down – Here’s What Happened

Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) gapped down prior to trading on Thursday . The stock had previously closed at $68.20, but opened at $64.05. Jardine Matheson shares last traded at $64.05, with a volume of 296 shares trading hands.

Analysts Set New Price Targets

Separately, Macquarie raised Jardine Matheson from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Two analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Jardine Matheson Price Performance

The firm has a 50 day simple moving average of $63.55 and a two-hundred day simple moving average of $57.15. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.03 and a current ratio of 1.24.

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 transport businesses in China, Southeast Asia, and internationally.