JPMorgan Claverhouse (LON:JCH) Shares Pass Above 50 Day Moving Average – Should You Sell?

JPMorgan Claverhouse (LON:JCH) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 717.97 ($9.11) and traded as high as GBX 740 ($9.38). JPMorgan Claverhouse shares last traded at GBX 736 ($9.33), with a volume of 47,766 shares.

JPMorgan Claverhouse Stock Performance

The stock has a 50-day simple moving average of GBX 717.97 and a 200 day simple moving average of GBX 713.90. 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 company has a market capitalization of £409.42 million, a PE ratio of 7.09 and a beta of 0.83.

JPMorgan Claverhouse Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Thursday, January 30th will be issued a GBX 10.65 ($0.14) dividend. This represents a dividend yield of 1.47%. This is a boost from JPMorgan Claverhouse’s previous dividend of $8.25. The ex-dividend date is Thursday, January 30th. JPMorgan Claverhouse’s payout ratio is 33.69%.

About JPMorgan Claverhouse

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.