Short Interest in Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Increases By 17.9%

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 15,800 shares, an increase of 17.9% from the November 15th total of 13,400 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is currently 0.3 days.

Jerónimo Martins, SGPS Stock Performance

Shares of JRONY stock traded down $0.41 during mid-day trading on Monday, hitting $38.79. 24,097 shares of the stock were exchanged, compared to its average volume of 18,877. The stock’s fifty day simple moving average is $38.27 and its two-hundred day simple moving average is $38.78. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.30 and a current ratio of 0.55. Jerónimo Martins, SGPS has a 12-month low of $32.68 and a 12-month high of $51.56. The stock has a market capitalization of $12.21 billion, a price-to-earnings ratio of 17.66, a P/E/G ratio of 10.78 and a beta of 0.65.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last announced its earnings results on Wednesday, October 30th. The company reported $0.66 earnings per share (EPS) for the quarter. The firm had revenue of $9.31 billion during the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. On average, analysts forecast that Jerónimo Martins, SGPS will post 2.2 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, BNP Paribas upgraded shares of Jerónimo Martins, SGPS to a “strong sell” rating in a report on Friday, October 18th.

About Jerónimo Martins, SGPS

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.