JPMorgan American (LON:JAM) Shares Pass Below 50-Day Moving Average – What’s Next?

JPMorgan American (LON:JAMGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 1,210.76 and traded as low as GBX 1,198.20. JPMorgan American shares last traded at GBX 1,200, with a volume of 295,614 shares.

JPMorgan American Trading Up 0.5%

The stock has a market capitalization of £2.00 billion, a PE ratio of 26.10 and a beta of 0.75. The stock’s 50 day moving average price is GBX 1,210.76 and its 200-day moving average price is GBX 1,153.21. The company has a quick ratio of 1.45, a current ratio of 0.53 and a debt-to-equity ratio of 5.33.

About JPMorgan American

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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

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