JPMorgan American (LON:JAM) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

JPMorgan American (LON:JAM)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 985.54 ($12.80) and traded as high as GBX 1,032 ($13.40). JPMorgan American shares last traded at GBX 1,028 ($13.35), with a volume of 1,008,308 shares.

JPMorgan American Stock Up 0.8 %

The company has a current ratio of 4.13, a quick ratio of 1.45 and a debt-to-equity ratio of 5.39. The firm’s 50 day simple moving average is GBX 986.28 and its two-hundred day simple moving average is GBX 981.42. The firm has a market cap of £1.87 billion, a price-to-earnings ratio of 446.55 and a beta of 0.65.

JPMorgan American Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 7th. Shareholders of record on Thursday, August 29th were paid a GBX 2.75 ($0.04) dividend. This represents a yield of 0.28%. The ex-dividend date of this dividend was Thursday, August 29th. JPMorgan American’s dividend payout ratio (DPR) is 344.83%.

JPMorgan American Company Profile

JPMorgan American Investment Trust plc is a close-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 public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.