JPMorgan UK Smaller Companies Investment Trust (LON:JMI) Stock Passes Above 50-Day Moving Average – Time to Sell?

JPMorgan UK Smaller Companies Investment Trust plc (LON:JMIGet Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 279 ($3.63) and traded as high as GBX 284.60 ($3.70). JPMorgan UK Smaller Companies Investment Trust shares last traded at GBX 279 ($3.63), with a volume of 196,280 shares trading hands.

JPMorgan UK Smaller Companies Investment Trust Stock Performance

The company has a debt-to-equity ratio of 8.83, a current ratio of 0.17 and a quick ratio of 0.42. The stock has a fifty day moving average price of GBX 279 and a two-hundred day moving average price of GBX 286.83. The company has a market cap of £217.76 million, a P/E ratio of -1,743.75 and a beta of 1.30.

About JPMorgan UK Smaller Companies Investment Trust

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

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