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

JPMorgan Claverhouse (LON:JCH - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 712.29 ($8.96) and traded as high as GBX 744 ($9.36). JPMorgan Claverhouse shares last traded at GBX 744 ($9.36), with a volume of 117,448 shares traded.

JPMorgan Claverhouse Stock Performance

The firm has a market capitalization of £411.37 million, a P/E ratio of 7.12 and a beta of 0.83. The stock has a 50-day moving average of GBX 713.17 and a 200 day moving average of GBX 713.40. 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 Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 3rd. Investors of record on Thursday, January 30th will be given a dividend of GBX 10.65 ($0.13) per share. The ex-dividend date of this dividend is Thursday, January 30th. This is a positive change from JPMorgan Claverhouse's previous dividend of $8.25. This represents a yield of 1.47%. JPMorgan Claverhouse's dividend payout ratio is 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.