Jardine Matheson (OTCMKTS:JMHLY) Trading 3.1% Higher – Here’s What Happened

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

Analyst Ratings Changes

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

Jardine Matheson Stock Down 0.3%

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 firm has a 50 day moving average price of $64.77 and a 200 day moving average price of $58.85.

About Jardine Matheson

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.