JPMorgan American (LON:JAM) Sets New 12-Month High – Here’s What Happened

JPMorgan American (LON:JAM)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,160.34 ($14.17) and last traded at GBX 1,160.34 ($14.17), with a volume of 265775 shares changing hands. The stock had previously closed at GBX 1,142 ($13.94).

JPMorgan American Stock Up 1.8 %

The firm has a market cap of £2.09 billion, a PE ratio of 500.97 and a beta of 0.65. The company has a debt-to-equity ratio of 5.39, a quick ratio of 1.45 and a current ratio of 4.13. The company’s 50-day simple moving average is GBX 1,130.21 and its two-hundred day simple moving average is GBX 1,038.63.

JPMorgan American Company Profile

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.