JPMorgan American (LON:JAM - Get Free Report)'s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 974.82 ($12.95) and traded as low as GBX 917.82 ($12.19). JPMorgan American shares last traded at GBX 927 ($12.32), with a volume of 245,138 shares trading hands.
JPMorgan American Price Performance
The stock has a market cap of £1.73 billion, a PE ratio of 4.14 and a beta of 0.65. The business has a fifty day moving average of GBX 972.12 and a 200-day moving average of GBX 1,068.81.
JPMorgan American (LON:JAM - Get Free Report) last posted its quarterly earnings results on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) earnings per share (EPS) for the quarter. JPMorgan American had a return on equity of 24.87% and a net margin of 97.58%.
JPMorgan American Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, April 17th will be issued a dividend of GBX 8.25 ($0.11) per share. This represents a yield of 0.88%. This is a positive change from JPMorgan American's previous dividend of $2.75. The ex-dividend date of this dividend is Thursday, April 17th. JPMorgan American's dividend payout ratio (DPR) is presently 3.47%.
Insiders Place Their Bets
In other news, insider Colin Moore purchased 2,000 shares of the business's stock in a transaction on Wednesday, April 23rd. The shares were acquired at an average cost of GBX 919 ($12.21) per share, with a total value of £18,380 ($24,418.76). 6.35% of the stock is owned by company insiders.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
