JPMorgan American (LON:JAM) Sets New 52-Week High – Should You Buy?

Shares of JPMorgan American (LON:JAM) reached a new 52-week high on Monday. The company traded as high as GBX 1,260 and last traded at GBX 1,252, with a volume of 32,496 shares changing hands. The stock had previously closed at GBX 1,250.

JPMorgan American Stock Performance

The company has a market cap of £2.04 billion, a PE ratio of 5.69 and a beta of 0.70. The company has a quick ratio of 1.45, a current ratio of 5.46 and a debt-to-equity ratio of 7.01. The company has a 50-day moving average of GBX 1,226.80 and a 200-day moving average of GBX 1,198.03.

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

Insiders Place Their Bets

In other news, insider Kevin Troup acquired 1,000 shares of the business’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 1,196 per share, with a total value of £11,960. Company insiders own 0.12% of the company’s stock.

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.