JPMorgan American (LON:JAM) Reaches New 1-Year High – Time to Buy?

Shares of JPMorgan American (LON:JAM) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 1,256 and last traded at GBX 1,256, with a volume of 355002 shares trading hands. The stock had previously closed at GBX 1,244.

JPMorgan American Stock Performance

The stock has a market capitalization of £2.03 billion, a PE ratio of 5.67 and a beta of 0.71. The business’s 50 day moving average is GBX 1,223.57 and its 200 day moving average is GBX 1,193.19. The company has a current ratio of 5.46, a quick ratio of 1.45 and a debt-to-equity ratio of 7.01.

JPMorgan American (LON:JAM) last issued its quarterly earnings results on Wednesday, August 19th. The company reported GBX 5.79 earnings per share for the quarter. JPMorgan American had a return on equity of 18.71% and a net margin of 95.43%.

Insider Buying and Selling at JPMorgan American

In related news, insider Kevin Troup purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average price of GBX 1,196 per share, with a total value of £11,960. Corporate insiders own 0.12% of the company’s stock.

JPMorgan American Company Profile

US equities, hand-picked by experts

Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers’ best ideas, designed to outperform across market cycles.

The managers’ decades of US stock-picking experience underpin a track record of consistent performance and dividends.

Key points:

Excellence – outperforming the benchmark, net of fees over 3, 5 and 10 years.
Expertise – deep in-house stock research
Experience – long-standing and proven investment team.