Jupiter Fund Management (LON:JUP) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Jupiter Fund Management Plc (LON:JUP)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 83.35 ($1.04) and traded as high as GBX 88.40 ($1.10). Jupiter Fund Management shares last traded at GBX 86.10 ($1.07), with a volume of 464,634 shares.

Jupiter Fund Management Stock Performance

The company has a 50 day moving average price of GBX 82.84 and a 200 day moving average price of GBX 83.35. The company has a market capitalization of £435.08 million, a PE ratio of -4,230.00 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70.

Insider Buying and Selling

In other news, insider James Macpherson acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were bought at an average price of GBX 83 ($1.03) per share, with a total value of £24,900 ($30,931.68). Corporate insiders own 25.22% of the company’s stock.

About Jupiter Fund Management

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.