JPMorgan American (LON:JAM) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

JPMorgan American (LON:JAM)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 988.57 ($12.82) and traded as high as GBX 1,030 ($13.36). JPMorgan American shares last traded at GBX 1,024 ($13.28), with a volume of 238,306 shares trading hands.

JPMorgan American Stock Performance

The company has a quick ratio of 1.45, a current ratio of 4.13 and a debt-to-equity ratio of 5.39. The stock has a market cap of £1.84 billion, a PE ratio of 441.38 and a beta of 0.65. The company has a fifty day moving average price of GBX 988.57 and a 200 day moving average price of GBX 982.70.

JPMorgan American Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Investors of record on Thursday, August 29th were paid a GBX 2.75 ($0.04) dividend. This represents a yield of 0.28%. The ex-dividend date was Thursday, August 29th. JPMorgan American’s dividend payout ratio (DPR) is 344.83%.

JPMorgan American Company Profile

JPMorgan American Investment Trust plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.