JPMorgan Japanese (LON:JFJ) Shares Down 1.9% – Here’s Why

JPMorgan Japanese (LON:JFJGet Free Report) dropped 1.9% on Wednesday . The company traded as low as GBX 516.82 ($6.71) and last traded at GBX 517 ($6.71). Approximately 189,067 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 348,068 shares. The stock had previously closed at GBX 527 ($6.84).

JPMorgan Japanese Trading Down 1.9 %

The stock has a market cap of £742.10 million, a price-to-earnings ratio of 574.44 and a beta of 0.71. The business has a 50-day moving average of GBX 544.33 and a 200-day moving average of GBX 532.77. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 12.06.

About JPMorgan Japanese

(Get Free Report)

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

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