JPMorgan American (LON:JAM) Posts Earnings Results

JPMorgan American (LON:JAM) issued its quarterly earnings data on Thursday. The company reported GBX 10.59 ($0.14) earnings per share (EPS) for the quarter, Digital Look Earnings reports. JPMorgan American had a return on equity of 24.87% and a net margin of 97.58%.

JPMorgan American Stock Performance

LON:JAM opened at GBX 946.02 ($12.28) on Thursday. The stock has a market cap of £1.72 billion, a price-to-earnings ratio of 4.10 and a beta of 0.65. JPMorgan American has a 1 year low of GBX 918 ($11.92) and a 1 year high of GBX 1,198 ($15.56). The business has a fifty day moving average of GBX 1,079.61 and a 200-day moving average of GBX 1,080.21.

JPMorgan American Company Profile

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.