JPMorgan Japanese (LON:JFJ) Stock Crosses Below Fifty Day Moving Average – What’s Next?

JPMorgan Japanese (LON:JFJ)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 584.73 ($7.56) and traded as low as GBX 573 ($7.41). JPMorgan Japanese shares last traded at GBX 573 ($7.41), with a volume of 2,406,971 shares traded.

JPMorgan Japanese Trading Down 2.1 %

The company has a market capitalization of £941.11 million, a P/E ratio of 4.84 and a beta of 0.71. The business has a 50 day moving average price of GBX 584.73 and a 200 day moving average price of GBX 561.31.

JPMorgan Japanese (LON:JFJ) last announced its quarterly earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.10) earnings per share (EPS) for the quarter. JPMorgan Japanese had a net margin of 98.31% and a return on equity of 19.70%.

JPMorgan Japanese Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th were given a dividend of GBX 6.75 ($0.09) per share. The ex-dividend date was Tuesday, December 24th. This represents a dividend yield of 1.18%. This is a positive change from JPMorgan Japanese’s previous dividend of $6.50. JPMorgan Japanese’s dividend payout ratio (DPR) is currently 5.91%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.