JPMorgan American (LON:JAM) Stock Breaks Above 50-Day Moving Average – Here’s What Happened

JPMorgan American (LON:JAM – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of GBX 1,222.85 and traded as high as GBX 1,236. JPMorgan American shares last traded at GBX 1,232, with a volume of 234,123 shares trading hands.

JPMorgan American Stock Performance

The company has a market capitalization of £1.99 billion, a price-to-earnings ratio of 5.62 and a beta of 0.70. The stock has a 50-day moving average price of GBX 1,222.85 and a 200-day moving average price of GBX 1,182.37. The company has a debt-to-equity ratio of 7.01, a current ratio of 5.46 and a quick ratio of 1.45.

JPMorgan American (LON:JAM – Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported GBX 5.79 earnings per share for the quarter. JPMorgan American had a return on equity of 18.71% and a net margin of 95.43%.

Insider Buying and Selling at JPMorgan American

In related news, insider Kevin Troup acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 1,196 per share, for a total transaction of £11,960. Also, insider Clare Brady acquired 1,000 shares of the company’s stock in a transaction dated Tuesday, November 3rd. The stock was bought at an average cost of GBX 1,203 per share, for a total transaction of £12,030. Company insiders own 0.12% of the company’s stock.

About JPMorgan American

(Get Free Report)

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.

Further Reading

Receive News & Ratings for JPMorgan American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan American and related companies with MarketBeat.com's FREE daily email newsletter.