JPMorgan American (LON:JAM) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of JPMorgan American (LON:JAMGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 985.54 ($12.80) and traded as high as GBX 1,032 ($13.40). JPMorgan American shares last traded at GBX 1,028 ($13.35), with a volume of 1,008,308 shares changing hands.

JPMorgan American Trading Up 0.1 %

The business’s 50 day simple moving average is GBX 985.54 and its 200-day simple moving average is GBX 981.05. 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 stock has a market capitalization of £1.85 billion, a P/E ratio of 443.10 and a beta of 0.65.

JPMorgan American Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, August 29th were issued a GBX 2.75 ($0.04) dividend. The ex-dividend date was Thursday, August 29th. This represents a yield of 0.28%. JPMorgan American’s dividend payout ratio is presently 344.83%.

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.

Further Reading

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