JPMorgan American (LON:JAM) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Shares of JPMorgan American (LON:JAM) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,114.21 and traded as high as GBX 1,164.09. JPMorgan American shares last traded at GBX 1,164.09, with a volume of 968,373 shares changing hands.

JPMorgan American Trading Up 0.9%

The firm has a market cap of £1.94 billion, a PE ratio of 25.19 and a beta of 0.75. The business has a 50-day moving average price of GBX 1,114.21 and a two-hundred day moving average price of GBX 1,118.33. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.53 and a quick ratio of 1.45.

JPMorgan American (LON:JAM) last announced its quarterly earnings results on Wednesday, April 1st. The company reported GBX 10.41 earnings per share for the quarter. JPMorgan American had a return on equity of 4.28% and a net margin of 89.80%.The business had revenue of GBX 2,395 million during the quarter.

About JPMorgan American

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.