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J Sainsbury (OTCMKTS:JSAIY) Stock Price Passes Below Fifty Day Moving Average - Should You Sell?

J Sainsbury logo with Retail/Wholesale background

Shares of J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $13.47 and traded as low as $12.72. J Sainsbury shares last traded at $12.80, with a volume of 41,416 shares.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Royal Bank of Canada upgraded J Sainsbury to a "moderate buy" rating in a research note on Tuesday, November 19th. BNP Paribas raised J Sainsbury to a "strong-buy" rating in a research report on Friday, October 18th.

View Our Latest Stock Analysis on J Sainsbury

J Sainsbury Stock Down 0.3 %

The business has a 50 day simple moving average of $13.46 and a 200-day simple moving average of $14.31.

J Sainsbury Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, December 30th. Shareholders of record on Monday, November 18th were paid a dividend of $0.2025 per share. The ex-dividend date was Monday, November 18th.

J Sainsbury Company Profile

(Get Free Report)

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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