Jardine Matheson (OTCMKTS:JMHLY) Reaches New 1-Year High – Here’s What Happened

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) shares reached a new 52-week high on Wednesday . The stock traded as high as $69.1150 and last traded at $69.1150, with a volume of 2629 shares traded. The stock had previously closed at $68.11.

Wall Street Analyst Weigh In

Separately, Macquarie raised shares of Jardine Matheson from a “hold” rating to a “strong-buy” rating in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Strong Buy”.

Jardine Matheson Price Performance

The company has a current ratio of 1.24, a quick ratio of 1.03 and a debt-to-equity ratio of 0.22. The firm’s fifty day moving average price is $63.62 and its 200-day moving average price is $57.22.

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.