J Sainsbury plc (LON:SBRY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 223.60 ($2.95) and last traded at GBX 224.02 ($2.95), with a volume of 32653436 shares trading hands. The stock had previously closed at GBX 235.80 ($3.11).
Wall Street Analyst Weigh In
Several equities analysts have weighed in on SBRY shares. JPMorgan Chase & Co. reduced their price objective on J Sainsbury from GBX 310 ($4.09) to GBX 305 ($4.02) and set an "overweight" rating for the company in a report on Monday, January 13th. Shore Capital reissued a "house stock" rating on shares of J Sainsbury in a report on Tuesday, March 11th.
Get Our Latest Analysis on SBRY
J Sainsbury Stock Performance
The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36. The company has a fifty day moving average price of GBX 246.67 and a 200 day moving average price of GBX 261.46. The stock has a market cap of £5.69 billion, a PE ratio of 41.63, a P/E/G ratio of 0.42 and a beta of 0.67.
About J Sainsbury
(
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J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers.
Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.
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