Jerónimo Martins, SGPS (OTCMKTS:JRONY) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $42.68 and traded as high as $44.58. Jerónimo Martins, SGPS shares last traded at $44.58, with a volume of 5,566 shares.

Jerónimo Martins, SGPS Stock Down 1.0 %

The stock has a market capitalization of $14.03 billion, a PE ratio of 20.08, a PEG ratio of 15.69 and a beta of 0.78. The firm’s fifty day moving average is $42.68 and its 200-day moving average is $39.92. 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 posted its quarterly earnings results on Wednesday, March 19th. The company reported $0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.01). Jerónimo Martins, SGPS had a return on equity of 21.07% and a net margin of 1.94%. On average, equities research analysts predict that Jerónimo Martins, SGPS, S.A. will post 2.13 earnings per share for the current year.

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.