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

JPMorgan American (LON:JAM) reached a new 52-week low on Friday . The stock traded as low as GBX 911.40 ($11.94) and last traded at GBX 912.70 ($11.96), with a volume of 503926 shares traded. The stock had previously closed at GBX 941 ($12.33).

JPMorgan American Price Performance

The stock has a market capitalization of £1.64 billion, a PE ratio of 3.92 and a beta of 0.65. The company has a 50 day moving average price of GBX 1,074.79 and a 200-day moving average price of GBX 1,079.96.

JPMorgan American (LON:JAM) last posted its earnings results on Thursday, April 3rd. The company reported GBX 10.59 ($0.14) EPS for the quarter. JPMorgan American had a net margin of 97.58% and a return on equity of 24.87%.

About JPMorgan American

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.