JPMorgan US Smaller Companies (LON:JUSC) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Shares of JPMorgan US Smaller Companies (LON:JUSC) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 383.29 and traded as high as GBX 390. JPMorgan US Smaller Companies shares last traded at GBX 390, with a volume of 64,217 shares traded.

JPMorgan US Smaller Companies Stock Performance

The company has a 50 day simple moving average of GBX 383.29 and a 200 day simple moving average of GBX 390.97. The company has a market capitalization of £215.42 million, a PE ratio of -20.29 and a beta of 1.15.

JPMorgan US Smaller Companies (LON:JUSC) last released its quarterly earnings results on Friday, September 12th. The investment trust reported GBX 1.91 EPS for the quarter. JPMorgan US Smaller Companies had a net margin of 71.91% and a return on equity of 4.45%.

Insider Activity

In other JPMorgan US Smaller Companies news, insider Mandy Donald purchased 1,250 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was bought at an average cost of GBX 377 per share, with a total value of £4,712.50. Also, insider Shefaly Yogendra bought 500 shares of the stock in a transaction dated Tuesday, November 25th. The stock was bought at an average price of GBX 377 per share, with a total value of £1,885. In the last three months, insiders have bought 4,000 shares of company stock worth $1,508,000. 0.64% of the stock is currently owned by corporate insiders.

About JPMorgan US Smaller Companies

The next big thing starts small

The JPMorgan US Smaller Companies Investment Trust plc uses the stock-picking credentials of our US based investment team to invest in well-run companies with attractive and sustainable profits from the potentially faster growing smaller companies segment of the US stock market.

Key points
Expertise – Managed by locally based specialist investors, focused on finding the small cap opportunities within North America.

Portfolio – Seeks well-run US smaller companies with a sustainable competitive advantage, that have a record of success and are good stewards of capital.

Results – Provides access to some of the world’s fastest growing smaller companies in an under researched market.

Why invest in this trust

JPMorgan US Smaller Companies Investment Trust plc provides access to potentially faster growing smaller US stocks.