Jupiter Fund Management (LON:JUP) Shares Up 11.2% - Still a Buy?

Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s share price shot up 11.2% on Thursday . The stock traded as high as GBX 121.20 ($1.65) and last traded at GBX 120.50 ($1.64). 10,969,060 shares were traded during mid-day trading, an increase of 454% from the average session volume of 1,981,307 shares. The stock had previously closed at GBX 108.40 ($1.47).

Jupiter Fund Management Stock Up 12.6%

The company has a market capitalization of £625.44 million, a PE ratio of -70.46 and a beta of 1.42. 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 firm has a 50-day moving average of GBX 90.01 and a two-hundred day moving average of GBX 81.46.

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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