Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Stock Short Interest Report for October

Jeronimo Martins SGPS SA (OTCMKTS:JRONY) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 90 shares, a decline of 99.8% from the September 30th total of 38,449 shares. Based on an average daily volume of 139,262 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Jeronimo Martins SGPS Stock Down 2.0%

Shares of OTCMKTS:JRONY traded down $0.81 on Monday, reaching $40.28. The company had a trading volume of 20,187 shares, compared to its average volume of 82,061. The firm’s 50 day simple moving average is $40.66 and its 200-day simple moving average is $43.88. Jeronimo Martins SGPS has a 52-week low of $36.67 and a 52-week high of $52.97. The company has a current ratio of 0.64, a quick ratio of 0.35 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $12.68 billion, a PE ratio of 17.14, a PEG ratio of 1.89 and a beta of 0.77.

Jeronimo Martins SGPS (OTCMKTS:JRONY) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.12. The business had revenue of $10.67 billion for the quarter, compared to the consensus estimate of $10.74 billion. Jeronimo Martins SGPS had a return on equity of 20.03% and a net margin of 1.73%. As a group, analysts expect that Jeronimo Martins SGPS will post 2.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have issued reports on JRONY shares. Royal Bank Of Canada initiated coverage on Jeronimo Martins SGPS in a research report on Monday, July 6th. They issued a “moderate buy” rating on the stock. Jefferies Financial Group upgraded Jeronimo Martins SGPS from a “hold” rating to a “buy” rating in a research report on Monday, September 21st. Zacks Research cut shares of Jeronimo Martins SGPS from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. Kepler Capital Markets raised Jeronimo Martins SGPS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Citigroup restated a “buy” rating on shares of Jeronimo Martins SGPS in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Jeronimo Martins SGPS Company Profile

Jerónimo Martins SGPS, SA is a Portugal-based food retail and distribution group with roots dating to 1792, when the original Jerónimo Martins grocery business was established in Lisbon. The company operates through retail, wholesale and food-service activities, serving consumers and business customers across Portugal, Poland and Colombia.

In Portugal, the group operates Pingo Doce supermarkets and Recheio cash-and-carry stores, which supply food retailers, restaurants and other professional customers.