Jardine Matheson (OTCMKTS:JMHLY) Shares Down 0.2% – What’s Next?

Jardine Matheson Holdings Limited (OTCMKTS:JMHLY)’s stock price dropped 0.2% on Monday . The stock traded as low as $43.75 and last traded at $43.83. Approximately 14,106 shares changed hands during trading, a decline of 6% from the average daily volume of 15,019 shares. The stock had previously closed at $43.91.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on JMHLY. Macquarie cut Jardine Matheson from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 29th. UBS Group upgraded shares of Jardine Matheson to a “strong-buy” rating in a report on Friday, February 28th.

Jardine Matheson Price Performance

The stock has a fifty day simple moving average of $43.70 and a 200-day simple moving average of $42.24. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.95 and a current ratio of 1.15.

About Jardine Matheson

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.