JPMorgan American (LON:JAM) Stock Crosses Above 50 Day Moving Average – Here’s Why

JPMorgan American (LON:JAM)’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.

JPMorgan American Stock Performance

The business has a fifty day simple moving average of GBX 1,223.85 and a two-hundred day simple moving average of GBX 1,183.53. The company has a debt-to-equity ratio of 7.01, a current ratio of 5.46 and a quick ratio of 1.45. The company has a market cap of £1.97 billion, a PE ratio of 5.56 and a beta of 0.70.

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

Insider Transactions at JPMorgan American

In related news, insider Clare Brady acquired 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were bought at an average price of GBX 1,203 per share, with a total value of £12,030. Also, insider Kevin Troup bought 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The shares were acquired at an average price of GBX 1,196 per share, for a total transaction of £11,960. 0.12% of the stock is owned by company insiders.

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.