JPMorgan American (LON:JAM) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Shares of JPMorgan American (LON:JAM) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,118.27 and traded as low as GBX 1,104.34. JPMorgan American shares last traded at GBX 1,107.91, with a volume of 218,284 shares trading hands.

JPMorgan American Price Performance

The stock has a market cap of £1.87 billion, a price-to-earnings ratio of 25.07 and a beta of 0.65. The stock has a fifty day moving average of GBX 1,118.27 and a 200 day moving average of GBX 1,104.79.

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.