JPMorgan American (LON:JAM) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

JPMorgan American (LON:JAM - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,064.88 ($13.44) 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 changing hands.

JPMorgan American Trading Down 0.5 %

The business's 50-day simple moving average is GBX 1,149.43 and its 200 day simple moving average is GBX 1,065.88. The company has a market capitalization of £2.06 billion, a P/E ratio of 4.91 and a beta of 0.65.

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.