Jardine Matheson (OTCMKTS:JMHLY) Hits New 1-Year High - Time to Buy?

Jardine Matheson Holdings Ltd. (OTCMKTS:JMHLY - Get Free Report) reached a new 52-week high on Monday . The company traded as high as $75.25 and last traded at $75.25, with a volume of 1994 shares. The stock had previously closed at $74.70.Get Jardine Matheson alerts:Wall Street Analysts Forecast GrowthSeparately, Macquarie raised Jardine Matheson from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Strong Buy".Get Our Latest Analysis on JMHLYJardine Matheson Stock PerformanceThe business has a 50 day simple moving average of $66.62 and a two-hundred day simple moving average of $60.91. The company has a current ratio of 1.24, a quick ratio of 1.03 and a debt-to-equity ratio of 0.22. Jardine Matheson Company Profile (Get Free Report)Jardine Matheson Holdings Limited is a Bermuda-registered investment holding company with a primary listing on the Hong Kong Stock Exchange and American depositary shares trading on the OTC Markets under the symbol JMHLY. Established in 1832 by William Jardine and James Matheson, the group has evolved from a trading house in Canton to a diversified conglomerate with operations throughout Asia. The company holds controlling interests in a portfolio of businesses spanning property, retail, hospitality, automotive, and engineering.See AlsoFive stocks we like better than Jardine MathesonA month before the crashHow a Family Trust May Be Able To Help Preserve Your WealthTrump’s Hand-Written Letter Will Shock his Haters“Fed Proof” Your Bank Account with THESE 4 Simple StepsEnd of America updateThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Jardine Matheson Right Now?Before you consider Jardine Matheson, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jardine Matheson wasn't on the list.While Jardine Matheson currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here