JPMorgan American (LON:JAM) Hits New 12-Month High - Should You Buy?

Key Points

• JPMorgan American hit a new 52-week high of GBX 1,154 on Friday (previous close GBX 1,138) with about 352,497 shares traded.
• The trust has a market cap of £1.93 billion and is trading at a P/E of 25.06 with a beta of 0.76; its 50‑ and 200‑day moving averages are around GBX 1,106 and GBX 1,114.
• As a US-equities investment trust, it reported last-quarter EPS of GBX 10.41 and a reported net margin of 89.8%, and the managers highlight a track record of outperforming the benchmark net of fees over 3, 5 and 10 years.

JPMorgan American (LON:JAM - Get Free Report)'s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 1,154 and last traded at GBX 1,154, with a volume of 352497 shares traded. The stock had previously closed at GBX 1,138.

JPMorgan American Stock Performance

The stock has a market capitalization of £1.93 billion, a PE ratio of 25.06 and a beta of 0.76. The company's 50-day moving average price is GBX 1,106.56 and its 200 day moving average price is GBX 1,114.27. The company has a debt-to-equity ratio of 5.33, a quick ratio of 1.45 and a current ratio of 0.53.

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

About JPMorgan American

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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