JPMorgan US Smaller Companies (LON:JUSC) Shares Cross Above Fifty Day Moving Average - Here's What Happened

Key Points

• JPMorgan US Smaller Companies (LON:JUSC) shares rose above its 50-day moving average of GBX 392.01, trading at GBX 394 ($5.30) with a volume of 141,837 shares on Thursday.
• The investment trust has a market capitalization of £239.95 million, a P/E ratio of 20.33, and focuses on well-run small-cap companies in the US with a sustainable competitive advantage.
• Managed by specialist investors, it aims to provide access to potentially faster-growing smaller US stocks, which are typically under-researched.

JPMorgan US Smaller Companies (LON:JUSC - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 392.01 ($5.27) and traded as high as GBX 400.50 ($5.38). JPMorgan US Smaller Companies shares last traded at GBX 394 ($5.29), with a volume of 141,837 shares changing hands.

JPMorgan US Smaller Companies Trading Up 0.5%

The company has a market capitalization of £237.92 million, a PE ratio of 20.16 and a beta of 1.15. The firm's 50-day simple moving average is GBX 392.33 and its 200-day simple moving average is GBX 406.26.

JPMorgan US Smaller Companies Company Profile

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.