JPMorgan American (LON:JAM) Hits New 1-Year High - Should You Buy?

Key Points

• 52-week high: JPMorgan American (LON:JAM) reached a new 52-week high of GBX 1,162, last trading at GBX 1,160 (up ~0.2%) on volume of 642,609 shares.
• Recent fundamentals: market cap £1.94bn, PE 25.11, 50/200-day SMAs around GBX 1,110/1,116, and last quarter EPS GBX 10.41 on revenue of GBX 2,395 million with a reported net margin of 89.8%.
• Investment strategy and track record: the trust targets high-conviction US value and growth stocks and says it has outperformed its benchmark net of fees over 3, 5 and 10 years, supported by an experienced in-house team.

JPMorgan American (LON:JAM - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,162 and last traded at GBX 1,160, with a volume of 642609 shares trading hands. The stock had previously closed at GBX 1,158.

JPMorgan American Stock Up 0.2%

The company has a 50-day simple moving average of GBX 1,110.41 and a 200-day simple moving average of GBX 1,116.20. The firm has a market cap of £1.94 billion, a PE ratio of 25.11 and a beta of 0.76. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.53 and a quick ratio of 1.45.

JPMorgan American (LON:JAM - Get Free Report) last released its earnings results on Wednesday, April 1st. The company reported GBX 10.41 earnings per share for the quarter. JPMorgan American had a return on equity of 4.28% and a net margin of 89.80%.The business had revenue of GBX 2,395 million for the quarter.

JPMorgan American Company Profile

US equities, hand-picked by experts Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers' best ideas, designed to outperform across market cycles. The managers' decades of US stock-picking experience underpin a track record of consistent performance and dividends. Key points: Excellence - outperforming the benchmark, net of fees over 3, 5 and 10 years. Expertise - deep in-house stock research Experience - long-standing and proven investment team.

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