J Sainsbury plc (LON:SBRY - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 272.96 ($3.43) and traded as high as GBX 273.20 ($3.43). J Sainsbury shares last traded at GBX 270.20 ($3.40), with a volume of 10,565,847 shares.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a report on Friday, November 22nd.
Get Our Latest Research Report on J Sainsbury
J Sainsbury Stock Down 0.4 %
The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 95.36. The business has a fifty day simple moving average of GBX 266.39 and a two-hundred day simple moving average of GBX 272.94. The company has a market cap of £6.30 billion, a PE ratio of 4,503.33, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67.
J Sainsbury Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 14th were paid a GBX 3.90 ($0.05) dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend was Thursday, November 14th. J Sainsbury's dividend payout ratio is currently 21,666.67%.
About J Sainsbury
(
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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.
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