Jardine Matheson (OTCMKTS:JMHLY) Reaches New 1-Year Low – Here’s What Happened

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY)’s share price hit a new 52-week low during trading on Tuesday. The stock traded as low as $54.41 and last traded at $54.65, with a volume of 2277 shares trading hands. The stock had previously closed at $56.69.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JMHLY. Dbs Bank assumed coverage on shares of Jardine Matheson in a report on Monday, July 13th. They set a “buy” rating on the stock. Zacks Research raised shares of Jardine Matheson to a “hold” rating in a research report on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Jardine Matheson currently has an average rating of “Moderate Buy” and a consensus price target of $90.00.

Jardine Matheson Stock Down 2.1%

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.53 and a quick ratio of 1.33. The company has a fifty day moving average price of $60.38 and a two-hundred day moving average price of $65.50.

Jardine Matheson Company Profile

Jardine Matheson Holdings Limited is a diversified Asian investment company with businesses spanning automotive, retail, property, engineering, hospitality and financial services. The group operates through a portfolio of established companies, including Jardine Motors Group, DFI Retail Group, Hongkong Land, Mandarin Oriental Hotel Group, Jardine Cycle & Carriage and Jardine Pacific.

Its businesses serve consumers and commercial customers across Hong Kong, mainland China, Southeast Asia and other international markets.