JPMorgan Claverhouse (LON:JCH) Hits New 52-Week High - Here's Why

JPMorgan Claverhouse (LON:JCH - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 784 ($10.61) and last traded at GBX 784 ($10.61), with a volume of 151036 shares trading hands. The stock had previously closed at GBX 780 ($10.55).

JPMorgan Claverhouse Stock Performance

The firm has a market cap of £435.83 million, a P/E ratio of 7.55 and a beta of 0.83. The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71. The company's 50 day moving average is GBX 741.86 and its 200 day moving average is GBX 726.88.

JPMorgan Claverhouse (LON:JCH - Get Free Report) last released its quarterly earnings results on Friday, March 21st. The investment trust reported GBX 30.15 ($0.41) earnings per share (EPS) for the quarter. JPMorgan Claverhouse had a net margin of 92.61% and a return on equity of 14.30%.

JPMorgan Claverhouse Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 2nd. Stockholders of record on Thursday, May 22nd will be paid a dividend of GBX 8.40 ($0.11) per share. This represents a dividend yield of 1.23%. The ex-dividend date is Thursday, May 22nd. JPMorgan Claverhouse's payout ratio is currently 33.69%.

About JPMorgan Claverhouse

Great British dividends The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends. Key points Expertise • Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.