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Jupiter Fund Management (LON:JUP) Stock Price Up 10.7% - Here's What Happened

Jupiter Fund Management logo with Financial Services background

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

Jupiter Fund Management Stock Performance

The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The company has a 50 day moving average price of GBX 90.93 and a 200 day moving average price of GBX 81.70. The company has a market capitalization of £621.94 million, a price-to-earnings ratio of -70.06 and a beta of 1.42.

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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