JPMorgan American (LON:JAM) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

JPMorgan American (LON:JAM) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,119.59 and traded as high as GBX 1,132. JPMorgan American shares last traded at GBX 1,130, with a volume of 240,502 shares trading hands.

JPMorgan American Stock Performance

The stock’s 50 day simple moving average is GBX 1,119.59 and its two-hundred day simple moving average is GBX 1,109.89. The company has a market capitalization of £1.92 billion, a P/E ratio of 25.71 and a beta of 0.76. The company has a debt-to-equity ratio of 3.91, a current ratio of 0.37 and a quick ratio of 1.45.

About JPMorgan American

US equities, hand-picked by experts

Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers’ best ideas, designed to outperform across market cycles.

The managers’ decades of US stock-picking experience underpin a track record of consistent performance and dividends.

Key points:

Excellence – outperforming the benchmark, net of fees over 3, 5 and 10 years.
Expertise – deep in-house stock research
Experience – long-standing and proven investment team.