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

JPMorgan American (LON:JAM) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 1,118.27 and traded as low as GBX 1,104.34. JPMorgan American shares last traded at GBX 1,107.91, with a volume of 218,284 shares changing hands.

JPMorgan American Price Performance

The firm’s fifty day simple moving average is GBX 1,118.27 and its 200 day simple moving average is GBX 1,104.79. The company has a market capitalization of £1.87 billion, a PE ratio of 25.07 and a beta of 0.65.

About JPMorgan American

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.