Jupiter Fund Management (LON:JUP) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Posted by Thomas Dobrow on Jan 12th, 2025

Jupiter Fund Management Plc (LON:JUP – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 83.57 ($1.02) and traded as low as GBX 80.30 ($0.98). Jupiter Fund Management shares last traded at GBX 81 ($0.99), with a volume of 38,376,164 shares.

Jupiter Fund Management Trading Down 6.3 %

The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The stock’s 50-day moving average is GBX 83.23 and its two-hundred day moving average is GBX 83.58. The stock has a market cap of £416.57 million, a P/E ratio of -4,050.00 and a beta of 1.42.

Insiders Place Their Bets

In related news, insider James Macpherson bought 30,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average cost of GBX 83 ($1.01) per share, for a total transaction of £24,900 ($30,402.93). 25.22% of the stock is owned by company insiders.

About Jupiter Fund Management

(Get Free Report)

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.