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 changed 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).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft raised their target price on Jupiter Fund Management from GBX 90 ($1.21) to GBX 110 ($1.48) and gave the stock a "hold" rating in a research note on Friday.
Read Our Latest Analysis on JUP
Jupiter Fund Management Stock Up 3.5%
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 company has a market capitalization of £636.28 million, a P/E ratio of -71.68 and a beta of 1.42. The company has a 50 day moving average of GBX 90.93 and a 200-day moving average of GBX 81.70.
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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