JPMorgan American (LON:JAM) Issues Earnings Results

Key Points

• JPMorgan American reported quarterly earnings of GBX 5.50 ($0.07) per share, achieving a 97.58% net margin and a 24.87% return on equity.
• The company's stock price increased by 0.6% to GBX 1,066 ($14.48) with a market capitalization of £1.93 billion.
• Insider Claire Binyon acquired 1,249 shares at an average price of GBX 994 ($13.50), highlighting ongoing confidence from corporate insiders.

JPMorgan American (LON:JAM - Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX 5.50 EPS for the quarter, Digital Look Earnings reports. JPMorgan American had a return on equity of 24.87% and a net margin of 97.58%.

JPMorgan American Stock Performance

Shares of JPMorgan American stock remained flat at GBX 1,066 during trading on Tuesday. The stock had a trading volume of 247,140 shares, compared to its average volume of 362,357. The company has a market capitalization of £1.93 billion, a PE ratio of 4.62 and a beta of 0.65. The business has a 50 day simple moving average of GBX 1,038.83 and a two-hundred day simple moving average of GBX 1,017.33. JPMorgan American has a 12-month low of GBX 827 and a 12-month high of GBX 1,198.

Insider Transactions at JPMorgan American

In related news, insider Claire Binyon purchased 1,249 shares of JPMorgan American stock in a transaction that occurred on Thursday, June 5th. The shares were acquired at an average cost of GBX 994 per share, for a total transaction of £12,415.06. 6.35% of the stock is currently owned by insiders.

About JPMorgan American

A local knows the best route JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world's largest stock market by focusing on high quality companies that are also reasonably priced. Key points: Expertise - Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities. Portfolio - Managed for growth by focusing on quality companies that are reasonably priced. Results - Broadly diversified across the S&P 500 index, with a focus on large cap stocks. Why invest in this trust The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.