JPMorgan Japanese (LON:JFJ) Shares Cross Below 50-Day Moving Average – Time to Sell?

JPMorgan Japanese (LON:JFJ)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 584.73 ($7.56) and traded as low as GBX 573 ($7.40). JPMorgan Japanese shares last traded at GBX 573 ($7.40), with a volume of 2,406,971 shares.

JPMorgan Japanese Stock Down 2.1 %

The company has a fifty day simple moving average of GBX 584.93 and a 200 day simple moving average of GBX 561.58. The firm has a market capitalization of £941.11 million, a P/E ratio of 4.84 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ) last released its earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.10) EPS for the quarter. JPMorgan Japanese had a return on equity of 19.70% and a net margin of 98.31%.

JPMorgan Japanese Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th were paid a GBX 6.75 ($0.09) dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This represents a dividend yield of 1.18%. This is a boost from JPMorgan Japanese’s previous dividend of $6.50. JPMorgan Japanese’s payout ratio is currently 5.91%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.