Free Trial

JPMorgan American (LON:JAM) Shares Cross Above Fifty Day Moving Average - Time to Sell?

JPMorgan American logo with Financial Services background

Key Points

  • JPMorgan American's stock price has surpassed its 50-day moving average of GBX 1,055.50, reaching a high of GBX 1,084 during trading.
  • The company reported a quarterly EPS of GBX 5.50, with a net margin of 97.58% and a return on equity of 24.87%.
  • JPMorgan American aims to generate long-term returns by focusing on high-quality, reasonably priced companies in the US stock market.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of JPMorgan American (LON:JAM - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,055.50 ($14.30) and traded as high as GBX 1,084 ($14.68). JPMorgan American shares last traded at GBX 1,070 ($14.49), with a volume of 325,384 shares changing hands.

JPMorgan American Stock Performance

The stock has a market cap of £1.88 billion, a price-to-earnings ratio of 2,434.94 and a beta of 0.65. The stock's 50-day simple moving average is GBX 1,056.58 and its two-hundred day simple moving average is GBX 1,008.80.

JPMorgan American (LON:JAM - Get Free Report) last released its earnings results on Thursday, August 14th. The company reported GBX 5.50 earnings per share for the quarter. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.

About JPMorgan American

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in JPMorgan American Right Now?

Before you consider JPMorgan American, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan American wasn't on the list.

While JPMorgan American currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.