JPMorgan Claverhouse (LON:JCH) Reaches New 12-Month High – Here’s Why

JPMorgan Claverhouse (LON:JCH)’s stock price hit a new 52-week high on Thursday . The stock traded as high as GBX 784 ($10.61) and last traded at GBX 784 ($10.61), with a volume of 151036 shares. The stock had previously closed at GBX 780 ($10.55).

JPMorgan Claverhouse Stock Performance

The company has a quick ratio of 67.67, a current ratio of 0.71 and a debt-to-equity ratio of 11.85. The company has a market cap of £435.83 million, a price-to-earnings ratio of 7.55 and a beta of 0.83. The firm has a 50-day simple moving average of GBX 741.86 and a 200 day simple moving average of GBX 726.88.

JPMorgan Claverhouse (LON:JCH) last announced its quarterly earnings data on Friday, March 21st. The investment trust reported GBX 30.15 ($0.41) EPS for the quarter. JPMorgan Claverhouse had a net margin of 92.61% and a return on equity of 14.30%.

JPMorgan Claverhouse Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Thursday, May 22nd will be issued a GBX 8.40 ($0.11) dividend. This represents a yield of 1.23%. The ex-dividend date is Thursday, May 22nd. JPMorgan Claverhouse’s dividend payout ratio (DPR) is 33.69%.

About JPMorgan Claverhouse

Great British dividends

The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends.

Key points

Expertise
• Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.