JPMorgan Claverhouse (LON:JCH) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Key Points

• JPMorgan Claverhouse (LON:JCH) recently passed above its 50-day moving average of GBX 788.93, trading at GBX 798 as of the last report.
• The investment trust reported a net margin of 92.61% and an earnings per share of GBX 18.96 for the last quarter, showcasing strong profitability.
• With a market cap of £443.61 million, JPMorgan Claverhouse focuses on high-quality UK large cap stocks that offer consistent and growing dividends.

JPMorgan Claverhouse (LON:JCH - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 788.93 ($10.64) and traded as high as GBX 804 ($10.85). JPMorgan Claverhouse shares last traded at GBX 798 ($10.77), with a volume of 41,851 shares changing hands.

JPMorgan Claverhouse Trading Up 0.7%

The company has a debt-to-equity ratio of 11.85, a current ratio of 0.71 and a quick ratio of 67.67. The firm has a market capitalization of £450.28 million, a PE ratio of 7.80 and a beta of 0.83. The company's fifty day simple moving average is GBX 789.62 and its 200-day simple moving average is GBX 757.28.

JPMorgan Claverhouse (LON:JCH - Get Free Report) last posted its quarterly earnings data on Thursday, August 14th. The investment trust reported GBX 18.96 earnings per share (EPS) for the quarter. JPMorgan Claverhouse had a net margin of 92.61% and a return on equity of 14.30%.

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.