JPMorgan Claverhouse (LON:JCH) Stock Passes Above Fifty Day Moving Average – Here’s Why

Shares of JPMorgan Claverhouse (LON:JCH) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 725.34 ($9.38) and traded as high as GBX 733 ($9.48). JPMorgan Claverhouse shares last traded at GBX 728 ($9.42), with a volume of 81,335 shares trading hands.

JPMorgan Claverhouse Price Performance

The company has a 50 day moving average of GBX 725.82 and a two-hundred day moving average of GBX 714.26. The firm has a market cap of £404.70 million, a P/E ratio of 7.01 and a beta of 0.83. The company has a quick ratio of 67.67, a current ratio of 0.71 and a debt-to-equity ratio of 11.85.

JPMorgan Claverhouse Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, January 30th were paid a dividend of GBX 10.65 ($0.14) per share. The ex-dividend date was Thursday, January 30th. This represents a yield of 1.47%. This is a boost from JPMorgan Claverhouse’s previous dividend of $8.25. JPMorgan Claverhouse’s dividend payout ratio (DPR) is currently 33.69%.

JPMorgan Claverhouse Company Profile

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.