JPMorgan American (LON:JAM) Shares Cross Above 50-Day Moving Average – Here’s Why

JPMorgan American (LON:JAMGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,096.61 ($13.75) and traded as high as GBX 1,136.71 ($14.25). JPMorgan American shares last traded at GBX 1,134 ($14.22), with a volume of 75,544 shares traded.

JPMorgan American Stock Up 0.7 %

The firm’s 50-day moving average price is GBX 1,096.61 and its 200-day moving average price is GBX 1,021.67. The company has a debt-to-equity ratio of 5.39, a current ratio of 4.13 and a quick ratio of 1.45. The company has a market cap of £2.04 billion, a price-to-earnings ratio of 488.79 and a beta of 0.65.

About JPMorgan American

(Get Free Report)

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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