JPMorgan Elect plc ­- Managed Growth (LON:JPE) Stock Crosses Below 50-Day Moving Average of $986.90

JPMorgan Elect plc ­- Managed Growth (LON:JPE – Get Rating) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 986.90 ($12.42) and traded as low as GBX 950.40 ($11.96). JPMorgan Elect plc ­- Managed Growth shares last traded at GBX 952.50 ($11.99), with a volume of 12,044 shares.

The company has a fifty day simple moving average of GBX 986.90 and a two-hundred day simple moving average of GBX 1,026.90. The company has a market cap of £1.04 billion and a PE ratio of 3.38.

The firm also recently disclosed a dividend, which will be paid on Friday, June 17th. Stockholders of record on Thursday, May 12th will be issued a GBX 3 ($0.04) dividend. The ex-dividend date of this dividend is Thursday, May 12th. This represents a dividend yield of 0.3%. JPMorgan Elect plc ­- Managed Growth’s payout ratio is currently 0.06%.

JPMorgan Elect plc ­- Managed Growth Company Profile (LON:JPE)

JPMorgan Elect plc ­- Managed Growth is a closed-ended balanced mutual fund of funds launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in public equity and fixed income markets across the globe, with an emphasis on the United Kingdom.

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