JPMorgan Japanese (LON:JFJ) Reaches New 52-Week High - Still a Buy?

Key Points

• JPMorgan Japanese shares reached a new 52-week high, trading at GBX 669 ($9.03), with a recent trading volume of 229,676 shares and a market capitalization of £1.11 billion.
• The company's latest quarterly earnings showed an EPS of GBX 5.32 ($0.07) along with a return on equity of 19.70% and a net margin of 98.31%.
• Insider Anna Dingley purchased 937 shares at an average price of GBX 621 ($8.38), indicating confidence in the company's performance, which is largely focused on high-quality Japanese equities in growth sectors.

JPMorgan Japanese (LON:JFJ - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 669 ($9.07) and last traded at GBX 667 ($9.04), with a volume of 229676 shares. The stock had previously closed at GBX 659 ($8.93).

JPMorgan Japanese Stock Up 1.9%

The firm's 50-day simple moving average is GBX 639.37 and its 200 day simple moving average is GBX 602.54. The stock has a market capitalization of £1.13 billion, a P/E ratio of 5.82 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ - Get Free Report) last issued its quarterly earnings results on Thursday, May 29th. The company reported GBX 5.32 ($0.07) earnings per share for the quarter. JPMorgan Japanese had a return on equity of 19.70% and a net margin of 98.31%.

Insiders Place Their Bets

In related news, insider Anna Dingley purchased 937 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The shares were purchased at an average price of GBX 621 ($8.42) per share, with a total value of £5,818.77 ($7,886.65). Corporate insiders own 2.27% of the company's stock.

JPMorgan Japanese Company Profile

Be at the heart of Japan's new growth Tap into Japan's economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges Why invest in this Trust? Expertise - One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market. Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming. Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection. Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.