Jupiter Fund Management (LON:JUP) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Jupiter Fund Management Plc (LON:JUP) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 83.57 ($1.02) and traded as low as GBX 80.30 ($0.98). Jupiter Fund Management shares last traded at GBX 81 ($0.99), with a volume of 38,376,164 shares trading hands.

Jupiter Fund Management Stock Performance

The firm’s 50 day simple moving average is GBX 83.23 and its 200 day simple moving average is GBX 83.57. The firm has a market cap of £416.57 million, a PE ratio of -4,050.00 and a beta of 1.42. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23.

Insider Buying and Selling

In other Jupiter Fund Management news, insider James Macpherson purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of GBX 83 ($1.01) per share, with a total value of £24,900 ($30,402.93). 25.22% of the stock is owned by company insiders.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.