JPMorgan American (LON:JAM) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

JPMorgan American (LON:JAM)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 1,109.47 ($13.73) and traded as high as GBX 1,130 ($13.99). JPMorgan American shares last traded at GBX 1,130 ($13.99), with a volume of 63,164 shares traded.

JPMorgan American Trading Down 0.2 %

The company has a fifty day simple moving average of GBX 1,111.71 and a two-hundred day simple moving average of GBX 1,030.54. The company has a current ratio of 4.13, a quick ratio of 1.45 and a debt-to-equity ratio of 5.39. The company has a market cap of £2.05 billion, a PE ratio of 491.38 and a beta of 0.65.

JPMorgan American Company Profile

JPMorgan American Investment Trust plc is a close-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 public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.