Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 79.56 ($1.07) and traded as low as GBX 68.20 ($0.92). Jupiter Fund Management shares last traded at GBX 70.40 ($0.95), with a volume of 807,428 shares trading hands.
Analysts Set New Price Targets
Separately, Citigroup dropped their target price on Jupiter Fund Management from GBX 92 ($1.24) to GBX 80 ($1.07) and set a "neutral" rating on the stock in a report on Thursday, January 23rd.
Check Out Our Latest Analysis on Jupiter Fund Management
Jupiter Fund Management Stock Up 1.7 %
The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The company has a market cap of £364.76 million, a price-to-earnings ratio of -41.09 and a beta of 1.42. The firm's 50 day simple moving average is GBX 73.86 and its 200-day simple moving average is GBX 79.08.
Jupiter Fund Management (LON:JUP - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported GBX 13.40 ($0.18) earnings per share (EPS) for the quarter. Jupiter Fund Management had a negative net margin of 2.34% and a negative return on equity of 1.13%. As a group, sell-side analysts anticipate that Jupiter Fund Management Plc will post 8.5093781 earnings per share for the current year.
Jupiter Fund Management Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Thursday, April 17th will be paid a GBX 2.20 ($0.03) dividend. The ex-dividend date is Thursday, April 17th. This represents a yield of 2.9%. Jupiter Fund Management's dividend payout ratio is presently -403.98%.
Insider Transactions at Jupiter Fund Management
In other news, insider David Cruickshank acquired 100,000 shares of Jupiter Fund Management stock in a transaction that occurred on Tuesday, March 4th. The stock was purchased at an average price of GBX 74 ($0.99) per share, for a total transaction of £74,000 ($99,422.28). Also, insider Dale Jane Murray acquired 33,000 shares of the stock in a transaction on Friday, February 28th. The stock was acquired at an average cost of GBX 75 ($1.01) per share, for a total transaction of £24,750 ($33,252.72). Insiders own 25.22% of the company's stock.
About Jupiter Fund Management
(
Get Free Report)
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
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