JPMorgan American (LON:JAM) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

by · The Markets Daily

Shares of JPMorgan American (LON:JAM – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 988.57 ($12.82) and traded as high as GBX 1,030 ($13.36). JPMorgan American shares last traded at GBX 1,024 ($13.28), with a volume of 238,306 shares.

JPMorgan American Stock Performance

The company has a debt-to-equity ratio of 5.39, a quick ratio of 1.45 and a current ratio of 4.13. The company has a market cap of £1.84 billion, a PE ratio of 441.38 and a beta of 0.65. The company’s 50 day moving average price is GBX 989.29 and its 200-day moving average price is GBX 983.07.

JPMorgan American Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 7th. Shareholders of record on Thursday, August 29th were given a GBX 2.75 ($0.04) dividend. This represents a yield of 0.28%. The ex-dividend date was Thursday, August 29th. JPMorgan American’s dividend payout ratio is currently 344.83%.

JPMorgan American Company Profile

(Get Free Report)

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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