J. Sainsbury (OTCMKTS:JSAIY) Sets New 52-Week High – Here’s What Happened

J. Sainsbury PLC (OTCMKTS:JSAIY) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $19.1740 and last traded at $19.1740, with a volume of 237 shares. The stock had previously closed at $17.89.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Kepler Capital Markets cut shares of J. Sainsbury from a “hold” rating to a “strong sell” rating in a report on Friday. Zacks Research cut shares of J. Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

J. Sainsbury Stock Performance

The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.74. The company’s fifty day simple moving average is $17.94 and its two-hundred day simple moving average is $16.50.

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.