JPMorgan Japanese (LON:JFJ) Sets New 12-Month High – Should You Buy?

Shares of JPMorgan Japanese (LON:JFJ) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 588 ($7.26) and last traded at GBX 587 ($7.25), with a volume of 60291 shares. The stock had previously closed at GBX 585 ($7.23).

JPMorgan Japanese Stock Performance

The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 12.06. The stock has a fifty day moving average of GBX 564.32 and a 200-day moving average of GBX 549.36. The stock has a market cap of £842.58 million, a PE ratio of 652.22 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ) last announced its earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share (EPS) for the quarter. JPMorgan Japanese had a net margin of 105.84% and a return on equity of 16.19%.

JPMorgan Japanese Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Tuesday, December 24th will be paid a dividend of GBX 6.75 ($0.08) per share. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, December 24th. This is a boost from JPMorgan Japanese’s previous dividend of $6.50. JPMorgan Japanese’s payout ratio is currently 777.78%.

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.