Short Interest in Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Drops By 93.0%

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,100 shares, a decrease of 93.0% from the November 30th total of 15,800 shares. Based on an average trading volume of 43,400 shares, the short-interest ratio is currently 0.0 days.

Jerónimo Martins, SGPS Trading Up 0.5 %

JRONY stock traded up $0.19 during trading on Thursday, hitting $38.00. The company had a trading volume of 18,044 shares, compared to its average volume of 18,840. Jerónimo Martins, SGPS has a 52-week low of $32.68 and a 52-week high of $51.56. The company has a 50 day simple moving average of $38.27 and a 200-day simple moving average of $38.46. The firm has a market capitalization of $11.96 billion, a P/E ratio of 17.12, a PEG ratio of 10.78 and a beta of 0.65. The company has a quick ratio of 0.30, a current ratio of 0.55 and a debt-to-equity ratio of 0.11.

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

Wall Street Analyst Weigh In

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

Jerónimo Martins, SGPS Company Profile

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.