JPMorgan Japanese (LON:JFJ) Sets New 1-Year High - Should You 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.

Shares of JPMorgan Japanese (LON:JFJ - Get Free Report) reached a new 52-week high during mid-day 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 trading hands. The stock had previously closed at GBX 659 ($8.93).

JPMorgan Japanese Stock Performance

The firm has a market capitalization of £1.13 billion, a P/E ratio of 5.82 and a beta of 0.71. The firm has a 50-day moving average of GBX 639.37 and a 200-day moving average of GBX 602.59.

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

Insiders Place Their Bets

In related news, insider Anna Dingley bought 937 shares of JPMorgan Japanese stock in a transaction dated Tuesday, July 22nd. The shares were acquired at an average cost of GBX 621 ($8.42) per share, with a total value of £5,818.77 ($7,886.65). 2.27% of the stock is owned by company insiders.

About JPMorgan Japanese

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.