JPMorgan Japanese (LON:JFJ) Shares Pass Below 50 Day Moving Average – What’s Next?

JPMorgan Japanese (LON:JFJ) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 799.56 and traded as low as GBX 772. JPMorgan Japanese shares last traded at GBX 778.53, with a volume of 265,612 shares traded.

JPMorgan Japanese Trading Up 1.7%

The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.35 and a current ratio of 0.49. The company’s fifty day simple moving average is GBX 799.96 and its 200-day simple moving average is GBX 774.81. The company has a market capitalization of £1.22 billion, a P/E ratio of 5.38 and a beta of 0.91.

JPMorgan Japanese (LON:JFJ) last released its quarterly earnings data on Monday, June 1st. The company reported GBX 6.38 earnings per share (EPS) for the quarter. JPMorgan Japanese had a net margin of 96.52% and a return on equity of 20.00%. The firm had revenue of GBX 1,228 million for the quarter.

About JPMorgan Japanese

Invest in the heart of a changing Japan

Invest in the heart of a changing Japan

The Company seeks to tap into the long-term story of Japan’s structural economic transformation by investing in high-quality innovative companies in sectors such as robotics, materials, healthcare, e-commerce and business services, as well as companies transitioning to more capital efficient business models.

Local Insight, Global Strength

The Company, one of the largest and oldest closed-end funds focused on Japanese equities, is managed locally and supported by a team of over 25 specialist investment professionals in Tokyo.