JPMorgan American (LON:JAM) Stock Crosses Below 50-Day Moving Average - Time to Sell?

JPMorgan American (LON:JAM - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,000.02 ($13.44) and traded as low as GBX 877.20 ($11.79). JPMorgan American shares last traded at GBX 888 ($11.93), with a volume of 528,175 shares traded.

JPMorgan American Price Performance

The firm has a market capitalization of £1.67 billion, a PE ratio of 4.00 and a beta of 0.65. The stock's 50-day moving average price is GBX 982.66 and its 200 day moving average price is GBX 1,070.66.

JPMorgan American (LON:JAM - Get Free Report) last issued its earnings results on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) EPS for the quarter. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.

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%.

Insider Activity at JPMorgan American

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 ($12.35) per share, with a total value of £18,380 ($24,694.34). 6.35% of the stock is currently owned by corporate insiders.

JPMorgan American Company Profile

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.