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

Jupiter Fund Management Plc (LON:JUP - Get Free Report) traded up 10.7% during mid-day trading on Thursday . The stock traded as high as GBX 123 ($1.66) and last traded at GBX 120 ($1.62). 4,119,646 shares were traded 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 ($1.46).

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft lifted their price target on shares of 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 Stock Down 0.2%

The stock has a market capitalization of £635.26 million, a PE ratio of -71.56 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The business's fifty day moving average price is GBX 91.89 and its two-hundred day moving average price is GBX 81.90.

About Jupiter Fund Management

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.