JPMorgan American (LON:JAM) Sets New 1-Year High – Here’s What Happened

Shares of JPMorgan American (LON:JAM) reached a new 52-week high on Tuesday . The stock traded as high as GBX 1,190 ($14.65) and last traded at GBX 1,182 ($14.55), with a volume of 408307 shares traded. The stock had previously closed at GBX 1,182 ($14.55).

JPMorgan American Price Performance

The company has a quick ratio of 1.45, a current ratio of 4.13 and a debt-to-equity ratio of 5.39. The stock has a fifty day moving average of GBX 1,140.37 and a 200-day moving average of GBX 1,046.28. The stock has a market capitalization of £2.15 billion, a price-to-earnings ratio of 513.79 and a beta of 0.65.

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.