Jupiter Fund Management (LON:JUP) Shares Up 10.7% - Time to Buy?

Shares of Jupiter Fund Management Plc (LON:JUP - Get Free Report) shot up 10.7% during mid-day trading on Thursday . The company traded as high as GBX 123 ($1.67) and last traded at GBX 120 ($1.63). 4,119,646 shares changed hands during mid-day trading, an increase of 114% from the average session volume of 1,929,417 shares. The stock had previously closed at GBX 108.40 ($1.47).

Jupiter Fund Management Price Performance

The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The company has a market capitalization of £614.77 million, a P/E ratio of -69.25 and a beta of 1.42. The business has a 50 day simple moving average of GBX 90.93 and a 200-day simple moving average of GBX 81.70.

Jupiter Fund Management Company Profile

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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