JPMorgan American (LON:JAM) Hits New 12-Month High – What’s Next?

JPMorgan American (LON:JAM) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,186 and last traded at GBX 1,186, with a volume of 306402 shares. The stock had previously closed at GBX 1,180.

JPMorgan American Stock Up 0.2%

The company has a market capitalization of £1.97 billion, a price-to-earnings ratio of 25.58 and a beta of 0.75. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.53 and a quick ratio of 1.45. The firm’s 50-day simple moving average is GBX 1,119.45 and its two-hundred day simple moving average is GBX 1,121.09.

JPMorgan American (LON:JAM) last announced its quarterly earnings results on Wednesday, April 1st. The company reported GBX 10.41 earnings per share (EPS) for the quarter. JPMorgan American had a net margin of 89.80% and a return on equity of 4.28%. The company had revenue of GBX 2,395 million for the quarter.

JPMorgan American Company Profile

US equities, hand-picked by experts

Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers’ best ideas, designed to outperform across market cycles.

The managers’ decades of US stock-picking experience underpin a track record of consistent performance and dividends.

Key points:

Excellence – outperforming the benchmark, net of fees over 3, 5 and 10 years.
Expertise – deep in-house stock research
Experience – long-standing and proven investment team.