Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) Short Interest Up 687.5% in October

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 25,200 shares, a growth of 687.5% from the September 30th total of 3,200 shares. Based on an average daily volume of 40,900 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

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

Jerónimo Martins, SGPS Trading Up 1.2 %

Jerónimo Martins, SGPS stock traded up $0.42 during mid-day trading on Friday, hitting $36.53. The company’s stock had a trading volume of 11,769 shares, compared to its average volume of 16,331. The business has a 50 day moving average price of $37.42 and a 200-day moving average price of $39.57. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.55 and a quick ratio of 0.30. Jerónimo Martins, SGPS has a 12 month low of $32.68 and a 12 month high of $51.83. The stock has a market cap of $11.49 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 5.11 and a beta of 0.65.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last announced its quarterly earnings results on Wednesday, July 24th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.02). Jerónimo Martins, SGPS had a net margin of 2.02% and a return on equity of 22.10%. The firm had revenue of $8.86 billion for the quarter. As a group, analysts forecast that Jerónimo Martins, SGPS will post 2.3 EPS for the current year.

About Jerónimo Martins, SGPS

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.