JPMorgan American Investment Trust (JAM.L) (LON:JAM) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 603 ($7.88) and last traded at GBX 593.44 ($7.75), with a volume of 7578 shares changing hands. The stock had previously closed at GBX 592 ($7.73).
The company has a 50 day simple moving average of GBX 576.80 and a 200-day simple moving average of GBX 530.53. The stock has a market cap of £1.19 billion and a price-to-earnings ratio of 14.79. The company has a current ratio of 58.74, a quick ratio of 58.74 and a debt-to-equity ratio of 10.45.
JPMorgan American Investment Trust (JAM.L) Company Profile (LON:JAM)
JPMorgan American Investment Trust plc is a United Kingdom-based investment trust. The Company’s objective is to achieve capital growth from North American investments by outperformance of the Company’s benchmark, which is the S&P 500 Index. The Company invests in North American quoted companies, including exposure to smaller capitalization stocks.
Further Reading: What is intrinsic value?
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