Short Interest in Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Grows By 436.0%

Posted by Renee Jackson on Nov 29th, 2024

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY – Get Free Report) saw a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 13,400 shares, a growth of 436.0% from the October 31st total of 2,500 shares. Based on an average daily trading volume, of 80,600 shares, the short-interest ratio is presently 0.2 days.

Jerónimo Martins, SGPS Stock Up 1.1 %

Shares of OTCMKTS:JRONY traded up $0.43 during midday trading on Friday, reaching $38.64. The company had a trading volume of 15,870 shares, compared to its average volume of 35,096. Jerónimo Martins, SGPS has a one year low of $32.68 and a one year high of $51.83. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.55 and a quick ratio of 0.30. The stock has a market capitalization of $12.16 billion, a P/E ratio of 17.41, a PEG ratio of 10.50 and a beta of 0.65. The stock’s fifty day moving average price is $38.18 and its 200-day moving average price is $39.26.

Jerónimo Martins, SGPS (OTCMKTS:JRONY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.66 earnings per share (EPS) for the quarter. Jerónimo Martins, SGPS had a return on equity of 21.25% and a net margin of 1.94%. The business had revenue of $9.31 billion for the quarter. Equities research analysts expect that Jerónimo Martins, SGPS will post 2.22 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, BNP Paribas upgraded Jerónimo Martins, SGPS to a “strong sell” rating in a report on Friday, October 18th.

Read Our Latest Research Report on JRONY

About Jerónimo Martins, SGPS

(Get Free Report)

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.