JPMorgan American (LON:JAM) Issues Earnings Results

JPMorgan American (LON:JAM) released its quarterly earnings results on Wednesday. The company reported GBX 10.41 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 2,395 million during the quarter. JPMorgan American had a return on equity of 4.14% and a net margin of 92.35%.

JPMorgan American Trading Up 0.2%

JAM stock traded up GBX 2 during midday trading on Thursday, reaching GBX 1,088. The company’s stock had a trading volume of 1,188,665 shares, compared to its average volume of 381,916. JPMorgan American has a 52 week low of GBX 827 and a 52 week high of GBX 1,154. The stock has a market cap of £1.84 billion, a PE ratio of 24.62 and a beta of 0.76. The company has a quick ratio of 1.45, a current ratio of 0.37 and a debt-to-equity ratio of 3.91. The business’s 50-day simple moving average is GBX 1,107.80 and its 200-day simple moving average is GBX 1,112.73.

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.