JPMorgan American (LON:JAM) Hits New 52-Week High – Should You Buy?

JPMorgan American (LON:JAMGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,158 ($14.67) and last traded at GBX 1,158 ($14.67), with a volume of 114567 shares changing hands. The stock had previously closed at GBX 1,148 ($14.55).

JPMorgan American Stock Up 0.1 %

The stock has a fifty day moving average of GBX 1,051.21 and a 200 day moving average of GBX 1,004.36. The company has a debt-to-equity ratio of 5.39, a current ratio of 4.13 and a quick ratio of 1.45. The firm has a market capitalization of £2.07 billion, a P/E ratio of 494.83 and a beta of 0.65.

About JPMorgan American

(Get Free Report)

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.

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