JPMorgan American (LON:JAM) Stock Passes Above 50-Day Moving Average – Here’s Why
by Danessa Lincoln · The Markets DailyJPMorgan American (LON:JAM – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,191.95 and traded as high as GBX 1,214. JPMorgan American shares last traded at GBX 1,212, with a volume of 251,076 shares changing hands.
JPMorgan American Stock Performance
The company has a debt-to-equity ratio of 5.33, a current ratio of 0.53 and a quick ratio of 1.45. The business has a 50-day moving average of GBX 1,191.95 and a 200-day moving average of GBX 1,140.09. The company has a market capitalization of £2.01 billion, a P/E ratio of 26.23 and a beta of 0.74.
JPMorgan American (LON:JAM – Get Free Report) last posted its quarterly earnings data on Wednesday, April 1st. The company reported GBX 10.41 earnings per share for the quarter. JPMorgan American had a net margin of 89.80% and a return on equity of 4.28%. The business had revenue of GBX 2,395 million for the quarter.
JPMorgan American Company Profile
US equities, hand-picked by experts
Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers’ best ideas, designed to outperform across market cycles.
The managers’ decades of US stock-picking experience underpin a track record of consistent performance and dividends.
Key points:
Excellence – outperforming the benchmark, net of fees over 3, 5 and 10 years.
Expertise – deep in-house stock research
Experience – long-standing and proven investment team.