Jupiter Fund Management (LON:JUP) Shares Cross Above 200-Day Moving Average of $83.89

Shares of Jupiter Fund Management Plc (LON:JUP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 83.89 ($1.05) and traded as high as GBX 88.58 ($1.11). Jupiter Fund Management shares last traded at GBX 86.10 ($1.08), with a volume of 1,977,063 shares.

Analyst Upgrades and Downgrades

JUP has been the topic of several research reports. BNP Paribas raised Jupiter Fund Management to a "neutral" rating and set a GBX 81 ($1.02) target price on the stock in a research report on Monday, February 12th. Barclays lowered shares of Jupiter Fund Management to an "underweight" rating and set a GBX 85 ($1.07) target price for the company. in a research report on Thursday, April 11th.

Jupiter Fund Management Stock Up 0.2 %

The company has a fifty day moving average of GBX 85.31 and a two-hundred day moving average of GBX 83.97. The company has a market cap of £441.06 million, a PE ratio of -2,876.67 and a beta of 1.39. The company has a debt-to-equity ratio of 11.88, a quick ratio of 1.79 and a current ratio of 2.09.

Jupiter Fund Management Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, May 20th. Investors of record on Thursday, April 18th will be paid a GBX 3.40 ($0.04) dividend. This represents a yield of 4.15%. The ex-dividend date of this dividend is Thursday, April 18th. Jupiter Fund Management's dividend payout ratio is presently -23,333.33%.

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.