JPMorgan Claverhouse (LON:JCH) Hits New 1-Year High - Here's Why

JPMorgan Claverhouse (LON:JCH - Get Free Report)'s stock price hit a new 52-week high during trading on Friday . The stock traded as high as GBX 762 ($10.13) and last traded at GBX 758 ($10.08), with a volume of 87685 shares trading hands. The stock had previously closed at GBX 746 ($9.92).

JPMorgan Claverhouse Stock Up 1.3 %

The firm has a 50 day moving average of GBX 727.61 and a 200 day moving average of GBX 717.47. The company has a quick ratio of 67.67, a current ratio of 0.71 and a debt-to-equity ratio of 11.85. The firm has a market cap of £423.60 million, a price-to-earnings ratio of 7.33 and a beta of 0.83.

JPMorgan Claverhouse (LON:JCH - Get Free Report) last issued its quarterly earnings data on Friday, March 21st. The investment trust reported GBX 30.15 ($0.40) 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 business also recently announced a dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Thursday, May 22nd will be paid a GBX 8.40 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 1.23%. JPMorgan Claverhouse's dividend payout ratio (DPR) 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.