JPMorgan American (LON:JAM) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Shares of JPMorgan American (LON:JAM) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,148.11 ($14.35) and traded as high as GBX 1,154 ($14.43). JPMorgan American shares last traded at GBX 1,148 ($14.35), with a volume of 251,922 shares trading hands.

JPMorgan American Stock Up 1.1 %

The stock has a market capitalization of £2.09 billion, a P/E ratio of 500.15 and a beta of 0.65. The firm’s fifty day moving average is GBX 1,148.11 and its 200-day moving average is GBX 1,057.10. The company has a current ratio of 4.13, a quick ratio of 1.45 and a debt-to-equity ratio of 5.39.

JPMorgan American Company Profile

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.