Jupiter Fund Management (LON:JUP) Sets New 1-Year Low – Here’s What Happened

Jupiter Fund Management Plc (LON:JUP)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 73.40 ($0.89) and last traded at GBX 76 ($0.92), with a volume of 999736 shares traded. The stock had previously closed at GBX 74.40 ($0.90).

Jupiter Fund Management Stock Performance

The firm’s 50 day moving average is GBX 82.97 and its 200 day moving average is GBX 83.58. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The stock has a market cap of £390.85 million, a P/E ratio of -3,800.00 and a beta of 1.42.

Insider Transactions at Jupiter Fund Management

In other Jupiter Fund Management news, insider James Macpherson purchased 30,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average price of GBX 83 ($1.01) per share, for a total transaction of £24,900 ($30,284.60). Insiders own 25.22% of the company’s stock.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.