Jupiter Fund Management (LON:JUP) Trading Down 1.1% – Here’s What Happened

Jupiter Fund Management Plc (LON:JUP) shares traded down 1.1% during mid-day trading on Thursday . The company traded as low as GBX 83.60 ($1.06) and last traded at GBX 83.60 ($1.06). 201,046 shares were traded during mid-day trading, a decline of 82% from the average session volume of 1,120,643 shares. The stock had previously closed at GBX 84.50 ($1.07).

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 100 ($1.26) price objective on shares of Jupiter Fund Management in a research report on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, Jupiter Fund Management presently has an average rating of “Hold” and a consensus price target of GBX 89.25 ($1.13).

Jupiter Fund Management Trading Down 0.7 %

The firm has a market capitalization of £426.85 million, a PE ratio of -4,150.00 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The company has a fifty day moving average of GBX 83.14 and a 200-day moving average of GBX 82.87.

About Jupiter Fund Management

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.