JPMorgan American (LON:JAM) Stock Price Passes Above 50 Day Moving Average – What’s Next?

JPMorgan American (LON:JAM)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 1,191.95 and traded as high as GBX 1,214. JPMorgan American shares last traded at GBX 1,212, with a volume of 251,076 shares traded.

JPMorgan American Trading Up 0.5%

The stock has a market cap of £2.01 billion, a price-to-earnings ratio of 26.23 and a beta of 0.74. The company has a quick ratio of 1.45, a current ratio of 0.53 and a debt-to-equity ratio of 5.33. The business has a 50-day moving average of GBX 1,191.95 and a 200-day moving average of GBX 1,140.09.

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

About JPMorgan American

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.