JPMorgan American (LON:JAM) Stock Passes Above 50 Day Moving Average - Here's What Happened

JPMorgan American (LON:JAM - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,149.39 ($14.50) and traded as high as GBX 1,160 ($14.64). JPMorgan American shares last traded at GBX 1,142 ($14.41), with a volume of 483,457 shares.

JPMorgan American Stock Performance

The firm has a market cap of £2.06 billion, a P/E ratio of 4.91 and a beta of 0.65. The firm has a fifty day moving average of GBX 1,149.43 and a 200-day moving average of GBX 1,065.88.

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.