JPMorgan Claverhouse (LON:JCH) Share Price Passes Below 200-Day Moving Average – Here’s Why

JPMorgan Claverhouse (LON:JCH) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 714.39 ($8.84) and traded as low as GBX 688 ($8.52). JPMorgan Claverhouse shares last traded at GBX 704 ($8.71), with a volume of 21,576 shares trading hands.

JPMorgan Claverhouse Stock Performance

The stock’s 50 day moving average is GBX 701.90 and its two-hundred day moving average is GBX 714.22. The stock has a market capitalization of £401.07 million, a price-to-earnings ratio of 683.50 and a beta of 0.83. The company has a current ratio of 0.71, a quick ratio of 67.67 and a debt-to-equity ratio of 11.85.

JPMorgan Claverhouse Announces Dividend

The company also recently announced a dividend, which was paid on Wednesday, December 4th. Investors of record on Thursday, November 7th were given a GBX 8.25 ($0.10) dividend. This represents a yield of 1.15%. The ex-dividend date of this dividend was Thursday, November 7th. JPMorgan Claverhouse’s dividend payout ratio is presently 3,398.06%.

JPMorgan Claverhouse Company Profile

JPMorgan Claverhouse Investment Trust plc is a closed 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 the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.