JPMorgan American (LON:JAM) Hits New 12-Month High – Time to Buy?

JPMorgan American (LON:JAMGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,238.97 and last traded at GBX 1,238.97, with a volume of 289707 shares trading hands. The stock had previously closed at GBX 1,220.

JPMorgan American Trading Up 1.6%

The stock’s 50 day moving average is GBX 1,210.87 and its two-hundred day moving average is GBX 1,157.15. The company has a market capitalization of £2.06 billion, a PE ratio of 26.84 and a beta of 0.75. The company has a quick ratio of 1.45, a current ratio of 0.53 and a debt-to-equity ratio of 5.33.

About JPMorgan American

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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.

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