J Sainsbury (LON:SBRY) Hits New 12-Month Low at $229.65

J Sainsbury plc (LON:SBRY) reached a new 52-week low during trading on Thursday . The company traded as low as GBX 229.65 ($3.00) and last traded at GBX 300 ($3.92), with a volume of 11602588 shares changing hands. The stock had previously closed at GBX 299 ($3.91).

Analyst Ratings Changes

A number of brokerages have recently issued reports on SBRY. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 300 ($3.92) price objective on shares of J Sainsbury in a research report on Tuesday, July 2nd. Shore Capital reaffirmed a “house stock” rating on shares of J Sainsbury in a research report on Tuesday, July 2nd. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of J Sainsbury in a research report on Friday, June 28th.

J Sainsbury Stock Performance

The business’s 50-day moving average price is GBX 276.70 and its 200-day moving average price is GBX 268.35. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 95.36. The stock has a market cap of £6.97 billion, a PE ratio of 4,983.33, a P/E/G ratio of 0.41 and a beta of 0.67.

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.