JPMorgan American (LON:JAM) Stock Price Passes Above 50-Day Moving Average of $971.34

JPMorgan American (LON:JAM - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 971.34 ($12.20) and traded as high as GBX 991 ($12.45). JPMorgan American shares last traded at GBX 980 ($12.31), with a volume of 141,035 shares.

JPMorgan American Price Performance

The company has a market capitalization of £1.79 billion, a PE ratio of 989.90 and a beta of 0.68. The company has a debt-to-equity ratio of 7.34, a current ratio of 1.14 and a quick ratio of 1.45. The stock's 50 day simple moving average is GBX 971.34 and its 200-day simple moving average is GBX 900.09.

JPMorgan American Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, April 18th will be paid a GBX 5.25 ($0.07) dividend. The ex-dividend date is Thursday, April 18th. This represents a yield of 0.53%. This is an increase from JPMorgan American's previous dividend of $2.50. JPMorgan American's payout ratio is currently 707.07%.

JPMorgan American Company Profile

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.