JPMorgan American (LON:JAM) Sets New 1-Year High - Here's Why

Shares of JPMorgan American (LON:JAM - Get Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,160.34 ($14.20) and last traded at GBX 1,160.34 ($14.20), with a volume of 265775 shares. The stock had previously closed at GBX 1,142 ($13.98).

JPMorgan American Stock Performance

The company has a market capitalization of £2.10 billion, a P/E ratio of 501.72 and a beta of 0.65. The company has a current ratio of 4.13, a quick ratio of 1.45 and a debt-to-equity ratio of 5.39. The company's fifty day moving average is GBX 1,130.21 and its 200 day moving average is GBX 1,038.63.

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.