Jerónimo Martins, SGPS (OTCMKTS:JRONY) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $38.35 and traded as high as $39.28. Jerónimo Martins, SGPS shares last traded at $39.23, with a volume of 16,707 shares traded.

Wall Street Analyst Weigh In

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

Jerónimo Martins, SGPS Price Performance

The stock has a fifty day moving average of $38.34 and a 200-day moving average of $38.01. The firm has a market capitalization of $12.45 billion, a P/E ratio of 17.82, a PEG ratio of 14.35 and a beta of 0.65. The company has a quick ratio of 0.30, a current ratio of 0.56 and a debt-to-equity ratio of 0.11.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last announced its earnings results on Wednesday, October 30th. The company reported $0.66 earnings per share for the quarter. Jerónimo Martins, SGPS had a net margin of 1.94% and a return on equity of 21.07%. The company had revenue of $9.31 billion during the quarter. Equities analysts predict that Jerónimo Martins, SGPS, S.A. will post 2.11 EPS for the current fiscal year.

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.