Jeronimo Martins SGPS SA (OTCMKTS:JRONY) Short Interest Up ∞ in June

by · The Markets Daily

Jeronimo Martins SGPS SA (OTCMKTS:JRONY – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 3,760 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 61,884 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Jeronimo Martins SGPS Stock Down 3.7%

OTCMKTS:JRONY traded down $1.47 during trading hours on Tuesday, hitting $38.24. The stock had a trading volume of 29,121 shares, compared to its average volume of 21,473. The company has a market cap of $12.03 billion, a PE ratio of 16.20, a price-to-earnings-growth ratio of 1.33 and a beta of 0.79. The business has a 50 day simple moving average of $43.29 and a two-hundred day simple moving average of $46.76. Jeronimo Martins SGPS has a 1-year low of $38.04 and a 1-year high of $54.50. The company has a current ratio of 0.62, a quick ratio of 0.37 and a debt-to-equity ratio of 0.15.

Jeronimo Martins SGPS (OTCMKTS:JRONY – Get Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). The firm had revenue of $10.42 billion for the quarter, compared to analyst estimates of $10.40 billion. Jeronimo Martins SGPS had a return on equity of 20.82% and a net margin of 1.75%. Analysts predict that Jeronimo Martins SGPS will post 2.91 EPS for the current year.

Wall Street Analyst Weigh In

JRONY has been the subject of several recent research reports. Zacks Research upgraded Jeronimo Martins SGPS from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Citigroup restated a “buy” rating on shares of Jeronimo Martins SGPS in a research note on Monday, June 15th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Analysis on Jeronimo Martins SGPS

Jeronimo Martins SGPS Company Profile

(Get Free Report)

Jeronimo Martins SGPS is a Portugal-based corporate group engaged primarily in food distribution and retail. Through its flagship Pingo Doce banner in Portugal, the company operates a network of full-service supermarkets and convenience outlets offering fresh produce, grocery items, and private-label products. In addition, its cash-and-carry arm, Recheio, supplies wholesale and hospitality professionals with a broad range of food and non-food goods.

Beyond its home market, Jeronimo Martins has established a significant presence in Poland under the discount supermarket brand Biedronka.

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