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

Key Points

• JPMorgan American reached a new 52-week high, trading as high as GBX 1,167.56 (last GBX 1,164.83) on volume of 563,907 shares.
• The trust has a market cap of £1.94 billion and a P/E of 25.19; last quarter it reported EPS of GBX 10.41 and revenue of GBX 2,395 million, with a net margin of 89.8% and ROE of 4.28%.
• The fund is a high-conviction US equities trust run by an experienced team and is noted for outperforming the benchmark, net of fees, over 3, 5 and 10 years.

JPMorgan American (LON:JAM - Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as GBX 1,167.56 and last traded at GBX 1,164.83, with a volume of 563907 shares. The stock had previously closed at GBX 1,164.09.

JPMorgan American Price Performance

The company has a debt-to-equity ratio of 5.33, a current ratio of 0.53 and a quick ratio of 1.45. The stock has a market cap of £1.94 billion, a P/E ratio of 25.19 and a beta of 0.75. The company's 50 day simple moving average is GBX 1,114.21 and its 200 day simple moving average is GBX 1,118.50.

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