JPMorgan Claverhouse (LON:JCH) Shares Pass Above 50-Day Moving Average – Here’s Why

JPMorgan Claverhouse (LON:JCH) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 706.21 ($8.91) and traded as high as GBX 712.20 ($8.99). JPMorgan Claverhouse shares last traded at GBX 708 ($8.94), with a volume of 34,050 shares traded.

JPMorgan Claverhouse Price Performance

The company has a debt-to-equity ratio of 11.85, a current ratio of 0.71 and a quick ratio of 67.67. The firm has a market capitalization of £403.35 million, a price-to-earnings ratio of 687.38 and a beta of 0.83. The stock has a 50 day moving average price of GBX 706.21 and a two-hundred day moving average price of GBX 716.96.

JPMorgan Claverhouse Dividend Announcement

The company also recently announced a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, November 7th were given a GBX 8.25 ($0.10) dividend. This represents a yield of 1.15%. The ex-dividend date of this dividend was Thursday, November 7th. JPMorgan Claverhouse’s dividend payout ratio is currently 3,398.06%.

Insiders Place Their Bets

In other JPMorgan Claverhouse news, insider Victoria Stewart purchased 5,560 shares of the firm’s stock in a transaction on Wednesday, September 18th. The stock was bought at an average price of GBX 716 ($9.04) per share, with a total value of £39,809.60 ($50,245.61). Insiders own 7.35% of the company’s stock.

About JPMorgan Claverhouse

JPMorgan Claverhouse Investment Trust plc is a closed 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 the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.