Stocks

JPMorgan Japanese (LON:JFJ) Hits New 12-Month High - What's Next?

Published December 2, 2024

JPMorgan Japanese (LON:JFJ) reached a new 12-month high during trading hours on Monday. The stock peaked at GBX 565 ($7.18) and concluded the day at the same price, with 33,291 shares traded. The prior closing price was GBX 560 ($7.11).

JPMorgan Japanese Stock Performance

The stock's performance reveals important trends. It has a 50-day moving average of GBX 545.25 and a more extended 200-day moving average of GBX 537.68. Its market capitalization stands at £811.00 million, and it has a P/E ratio of 622.22, suggesting it may be valued highly compared to its earnings. The stock's beta is recorded at 0.71, indicating it may be less volatile compared to the broader market. Additionally, the company shows a quick ratio of 0.35, a current ratio of 0.38, and a debt-to-equity ratio of 12.06, which signals that it may have significant debts in relation to its equity.

JPMorgan Japanese Company Profile

JPMorgan Japanese Investment Trust plc is a closed-ended equity mutual fund operated by JPMorgan Funds Limited. The investment trust is co-managed by two entities within JPMorgan Asset Management, one based in the UK and another in Japan. The fund aims to invest in publicly traded companies from diverse sectors across the Japanese equity markets.

Should You Invest Now?

If you are considering investing in JPMorgan Japanese, it is crucial to reflect on the current market conditions. While analysts have assigned a "Hold" rating to the stock, research shows that top analysts are recommending five alternative stocks they believe may provide better investment opportunities.

Before making investment decisions, especially in a market characterized by downturns, potential investors may want to evaluate how to mitigate risks effectively. Understanding beta values can assist in making more informed choices.

This information has been carefully generated to provide accurate reporting and assist investors in comprehending the current landscape of JPMorgan Japanese (LON:JFJ) and its potential moving forward.

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