Jupiter Fund Management (LON:JUP) Trading 11.2% Higher - Still a Buy?

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

Jupiter Fund Management Stock Up 10.7%

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 stock has a 50-day simple moving average of GBX 90.01 and a two-hundred day simple moving average of GBX 81.46. The firm has a market cap of £614.77 million, a PE ratio of -69.25 and a beta of 1.42.

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.