JPMorgan American (LON:JAM) Stock Price Breaks Above 50-Day Moving Average – Here’s Why

JPMorgan American (LON:JAM) passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of GBX 1,217.21 and traded as high as GBX 1,242. JPMorgan American shares last traded at GBX 1,240, with a volume of 171,431 shares.

JPMorgan American Price Performance

The company has a market cap of £2.02 billion, a PE ratio of 5.59 and a beta of 0.71. The business’s 50 day moving average price is GBX 1,217.73 and its 200-day moving average price is GBX 1,184.62. The company has a quick ratio of 1.45, a current ratio of 5.46 and a debt-to-equity ratio of 7.01.

JPMorgan American (LON:JAM) last announced its earnings results on Wednesday, August 19th. The company reported GBX 5.79 earnings per share for the quarter. JPMorgan American had a net margin of 95.43% and a return on equity of 18.71%.

Insider Buying and Selling at JPMorgan American

In related news, insider Kevin Troup bought 1,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average price of GBX 1,196 per share, for a total transaction of £11,960. Insiders own 0.13% of the company’s stock.

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.

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