JPMorgan American (LON:JAM) Hits New 12-Month High – Here’s Why

JPMorgan American (LON:JAM) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,162 and last traded at GBX 1,160, with a volume of 642609 shares. The stock had previously closed at GBX 1,158.

JPMorgan American Trading Up 0.2%

The firm has a market capitalization of £1.94 billion, a price-to-earnings ratio of 25.11 and a beta of 0.76. The company has a 50 day moving average price of GBX 1,110.41 and a two-hundred day moving average price of GBX 1,116.20. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.45 and a current ratio of 0.53.

JPMorgan American (LON:JAM) last issued its quarterly earnings results on Wednesday, April 1st. The company reported GBX 10.41 EPS for the quarter. The firm had revenue of GBX 2,395 million during the quarter. JPMorgan American had a return on equity of 4.28% and a net margin of 89.80%.

JPMorgan American Company Profile

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.