Jupiter Fund Management (LON:JUP) Shares Up 10.7% - Still a Buy?

Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price rose 10.7% during mid-day trading on Friday . The company traded as high as GBX 123 ($1.66) and last traded at GBX 120 ($1.62). Approximately 4,119,646 shares traded hands during trading, an increase of 114% from the average daily volume of 1,929,417 shares. The stock had previously closed at GBX 108.40 ($1.46).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on Jupiter Fund Management from GBX 90 ($1.21) to GBX 110 ($1.48) and gave the stock a "hold" rating in a report on Friday.

Jupiter Fund Management Trading Up 3.5%

The company has a market cap of £636.28 million, a P/E ratio of -71.68 and a beta of 1.42. The business has a fifty day moving average price of GBX 90.93 and a 200-day moving average price of GBX 81.70. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23.

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.