JPMorgan Claverhouse (LON:JCH) Share Price Crosses Below Two Hundred Day Moving Average – Here’s Why

JPMorgan Claverhouse (LON:JCH) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 713.68 ($8.71) and traded as low as GBX 697.45 ($8.52). JPMorgan Claverhouse shares last traded at GBX 706 ($8.62), with a volume of 52,442 shares trading hands.

JPMorgan Claverhouse Trading Down 1.4 %

The stock has a market capitalization of £396.51 million, a P/E ratio of 675.73 and a beta of 0.83. The stock’s fifty day moving average price is GBX 701.42 and its 200 day moving average price is GBX 713.68. The company has a debt-to-equity ratio of 11.85, a current ratio of 0.71 and a quick ratio of 67.67.

JPMorgan Claverhouse Dividend Announcement

The business also recently announced a dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, November 7th were given a dividend of GBX 8.25 ($0.10) per share. This represents a dividend yield of 1.15%. The ex-dividend date was Thursday, November 7th. JPMorgan Claverhouse’s dividend payout ratio (DPR) is presently 3,398.06%.

JPMorgan Claverhouse Company Profile

JPMorgan Claverhouse Investment Trust plc is a closed 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 the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.