Jupiter Fund Management (LON:JUP) Shares Up 11.2% - Here's Why

Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s share price traded up 11.2% on Thursday . The company traded as high as GBX 121.20 ($1.65) and last traded at GBX 120.50 ($1.64). 10,969,060 shares traded hands during 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 10.7%

The stock's fifty day moving average is GBX 90.01 and its two-hundred day moving average is GBX 81.46. The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The firm has a market cap of £614.77 million, a P/E 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.