JPMorgan Japanese (LON:JFJ) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

JPMorgan Japanese (LON:JFJ)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 775.66 and traded as high as GBX 835. JPMorgan Japanese shares last traded at GBX 828.37, with a volume of 555,666 shares traded.

JPMorgan Japanese Price Performance

The business’s 50-day moving average price is GBX 775.66 and its 200 day moving average price is GBX 755.18. The company has a quick ratio of 0.35, a current ratio of 0.49 and a debt-to-equity ratio of 5.17. The company has a market capitalization of £1.27 billion, a P/E ratio of 5.56 and a beta of 1.08.

JPMorgan Japanese (LON:JFJ) last issued its quarterly earnings data on Monday, June 1st. The company reported GBX 6.38 EPS for the quarter. The company had revenue of GBX 1,228 million during the quarter. JPMorgan Japanese had a net margin of 96.52% and a return on equity of 20.00%.

About JPMorgan Japanese

Invest in the heart of a changing Japan

Invest in the heart of a changing Japan

The Company seeks to tap into the long-term story of Japan’s structural economic transformation by investing in high-quality innovative companies in sectors such as robotics, materials, healthcare, e-commerce and business services, as well as companies transitioning to more capital efficient business models.

Local Insight, Global Strength

The Company, one of the largest and oldest closed-end funds focused on Japanese equities, is managed locally and supported by a team of over 25 specialist investment professionals in Tokyo.