JPMorgan US Smaller Companies (LON:JUSC) Stock Passes Above 50 Day Moving Average - Here's Why

Key Points

• Shares of JPMorgan US Smaller Companies (LON:JUSC) have crossed above their 50-day moving average, trading as high as GBX 403 ($5.46) on Friday.
• The investment trust focuses on investing in well-managed smaller US companies with a sustainable competitive advantage, aiming for higher growth potential in an under-researched market.
• JPMorgan US Smaller Companies has a market cap of £240.95 million and a PE ratio of 20.41, indicating its valuation in the market.

JPMorgan US Smaller Companies (LON:JUSC - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 393.25 ($5.29) and traded as high as GBX 403 ($5.42). JPMorgan US Smaller Companies shares last traded at GBX 398 ($5.36), with a volume of 84,541 shares changing hands.

JPMorgan US Smaller Companies Price Performance

The company's 50-day simple moving average is GBX 394.06 and its 200-day simple moving average is GBX 402.37. The company has a market cap of £242.59 million, a price-to-earnings ratio of 20.55 and a beta of 1.15.

About JPMorgan US Smaller Companies

The next big thing starts small The JPMorgan US Smaller Companies Investment Trust plc uses the stock-picking credentials of our US based investment team to invest in well-run companies with attractive and sustainable profits from the potentially faster growing smaller companies segment of the US stock market. Key points Expertise - Managed by locally based specialist investors, focused on finding the small cap opportunities within North America. Portfolio - Seeks well-run US smaller companies with a sustainable competitive advantage, that have a record of success and are good stewards of capital. Results - Provides access to some of the world's fastest growing smaller companies in an under researched market. Why invest in this trust JPMorgan US Smaller Companies Investment Trust plc provides access to potentially faster growing smaller US stocks.