JPMorgan American (LON:JAM) Hits New 12-Month High – Time to Buy?

JPMorgan American (LON:JAM) shares reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 1,256 and last traded at GBX 1,256, with a volume of 355002 shares traded. The stock had previously closed at GBX 1,244.

JPMorgan American Price Performance

The firm has a fifty day moving average of GBX 1,221.49 and a two-hundred day moving average of GBX 1,190.91. The stock has a market capitalization of £2.07 billion, a P/E ratio of 5.72 and a beta of 0.71. The company has a debt-to-equity ratio of 7.01, a current ratio of 5.46 and a quick ratio of 1.45.

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

Insiders Place Their Bets

In related news, insider Kevin Troup bought 1,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were acquired at an average price of GBX 1,196 per share, with a total value of £11,960. 0.13% of the stock is currently owned by corporate 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.