Jardine Matheson (OTCMKTS:JMHLY) Reaches New 52-Week High – Here’s What Happened

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $71.00 and last traded at $71.00, with a volume of 2156 shares. The stock had previously closed at $67.30.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on JMHLY

Jardine Matheson Trading Down 0.9%

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 business’s 50-day moving average price is $66.08 and its two-hundred day moving average price is $60.44.

Jardine Matheson Company Profile

(Get Free Report)

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.

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