Jardine Matheson (OTCMKTS:JMHLY) Shares Up 3.1% – Time to Buy?

Shares of Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) traded up 3.1% during trading on Friday . The company traded as high as $69.25 and last traded at $69.25. 131 shares changed hands during trading, a decline of 99% from the average session volume of 12,365 shares. The stock had previously closed at $67.1650.

Analyst Upgrades and Downgrades

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

Jardine Matheson Price Performance

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.24 and a quick ratio of 1.03. The company’s 50-day moving average is $64.89 and its 200-day moving average is $59.11.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia.

The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.