Jeronimo Martins SGPS (OTCMKTS:JRONY) Sets New 12-Month Low – What’s Next?

Shares of Jeronimo Martins SGPS SA (OTCMKTS:JRONYGet Free Report) hit a new 52-week low on Wednesday . The company traded as low as $42.27 and last traded at $42.34, with a volume of 56595 shares trading hands. The stock had previously closed at $43.5740.

Jeronimo Martins SGPS Price Performance

The firm has a market capitalization of $13.32 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.48 and a beta of 0.84. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.58 and a quick ratio of 0.33. The stock’s fifty day simple moving average is $48.28 and its 200 day simple moving average is $48.58.

Jeronimo Martins SGPS (OTCMKTS:JRONYGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.04). The firm had revenue of $10.42 billion during the quarter, compared to analysts’ expectations of $10.40 billion. Jeronimo Martins SGPS had a return on equity of 21.29% and a net margin of 1.75%. On average, equities research analysts predict that Jeronimo Martins SGPS SA will post 2.91 EPS for the current year.

Jeronimo Martins SGPS Company Profile

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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.

Further Reading

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