Jardine Matheson (LON:JAR) Stock Crosses Below 200 Day Moving Average – What’s Next?

Jardine Matheson Holdings Limited (LON:JAR) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 67.36 and traded as low as GBX 61.07. Jardine Matheson shares last traded at GBX 61.07, with a volume of 200 shares.

Jardine Matheson Stock Performance

The company has a market cap of £179.79 million, a PE ratio of 0.16 and a beta of 0.43. The company has a current ratio of 1.53, a quick ratio of 0.90 and a debt-to-equity ratio of 62.52. The business has a fifty day moving average of GBX 64.45 and a 200-day moving average of GBX 67.36.

About Jardine Matheson

Jardine Matheson Holdings Limited, through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transportation businesses in China, Southeast Asia, the United Kingdom, and internationally. It also involved in the restaurants and hotels, financial services, heavy equipment, mining, and agribusinesses. The company offers aviation and transport services; and engineering, sourcing, and contracting services, as well as invests in, develops, and manages residential, commercial, and mixed-use properties.