Jardine Matheson (OTCMKTS:JMHLY) Shares Gap Down – Should You Sell?

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY) shares gapped down before the market opened on Thursday . The stock had previously closed at $68.20, but opened at $64.05. Jardine Matheson shares last traded at $64.05, with a volume of 296 shares trading hands.

Analysts Set New Price Targets

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

Jardine Matheson Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.24 and a debt-to-equity ratio of 0.22. The company’s fifty day moving average is $63.55 and its two-hundred day moving average is $57.15.

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.