J Sainsbury (OTCMKTS:JSAIY) Share Price Passes Above 50 Day Moving Average – Should You Sell?

J Sainsbury plc (OTCMKTS:JSAIY)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $13.16 and traded as high as $13.56. J Sainsbury shares last traded at $13.49, with a volume of 20,223 shares traded.

Analyst Upgrades and Downgrades

JSAIY has been the topic of a number of research reports. Hsbc Global Res cut shares of J Sainsbury from a “strong-buy” rating to a “hold” rating in a report on Friday, January 31st. Royal Bank of Canada upgraded shares of J Sainsbury to a “moderate buy” rating in a research note on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, J Sainsbury presently has an average rating of “Strong Buy”.

J Sainsbury Trading Up 3.0 %

The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.17. The stock has a fifty day moving average price of $13.15 and a two-hundred day moving average price of $14.05.

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.