J Sainsbury (OTCMKTS:JSAIY) Hits New 52-Week Low - What's Next?

Shares of J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $11.92 and last traded at $11.99, with a volume of 34961 shares trading hands. The stock had previously closed at $12.28.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JSAIY. BNP Paribas cut shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Hsbc Global Res raised J Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. One equities research analyst has rated the stock with a hold rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, J Sainsbury currently has an average rating of "Strong Buy".

J Sainsbury Stock Performance

The business has a fifty day simple moving average of $12.87 and a two-hundred day simple moving average of $13.67. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57.

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.