JPMorgan Claverhouse (LON:JCH) Shares Cross Above 50-Day Moving Average - Here's Why

JPMorgan Claverhouse (LON:JCH - Get Free Report)'s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 725.61 ($9.66) and traded as high as GBX 754 ($10.04). JPMorgan Claverhouse shares last traded at GBX 742 ($9.88), with a volume of 145,656 shares changing hands.

JPMorgan Claverhouse Price Performance

The company has a market cap of £410.25 million, a P/E ratio of 7.10 and a beta of 0.83. The stock has a 50-day simple moving average of GBX 725.17 and a 200 day simple moving average of GBX 715.51. The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71.

JPMorgan Claverhouse (LON:JCH - Get Free Report) last posted its quarterly earnings results on Friday, March 21st. The investment trust reported GBX 30.15 ($0.40) earnings per share for the quarter. JPMorgan Claverhouse had a net margin of 92.61% and a return on equity of 14.30%.

JPMorgan Claverhouse Cuts Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, July 2nd. Investors of record on Thursday, May 22nd will be given a GBX 8.40 ($0.11) dividend. This represents a yield of 1.23%. The ex-dividend date is Thursday, May 22nd. JPMorgan Claverhouse's dividend payout ratio (DPR) is presently 33.69%.

JPMorgan Claverhouse Company Profile

Great British dividends The JPMorgan Claverhouse Investment Trust has been helping investors tap directly into the long-term growth potential of UK large cap stocks since 1963. The trust focuses on attractively valued, high quality stocks with the ability to generate consistent and growing dividends. Key points Expertise • Managed by an investment team with long-standing UK equity experience, backed by the extensive resources of J.P.