JPMorgan Japanese (LON:JFJ) Reaches New 52-Week High - Should You Buy?

JPMorgan Japanese (LON:JFJ - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 618.63 ($7.82) and last traded at GBX 618 ($7.81), with a volume of 980096 shares traded. The stock had previously closed at GBX 617 ($7.80).

JPMorgan Japanese Stock Performance

The stock has a 50 day moving average price of GBX 579.48 and a 200 day moving average price of GBX 557.55. The company has a market cap of £1.01 billion, a P/E ratio of 5.19 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ - Get Free Report) last announced its earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share (EPS) for the quarter. JPMorgan Japanese had a return on equity of 19.70% and a net margin of 98.31%.

JPMorgan Japanese Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 12th. Stockholders of record on Tuesday, December 24th were issued a dividend of GBX 6.75 ($0.09) per share. This is an increase from JPMorgan Japanese's previous dividend of $6.50. The ex-dividend date was Tuesday, December 24th. This represents a dividend yield of 1.18%. JPMorgan Japanese's payout ratio is currently 5.91%.

About JPMorgan Japanese

Be at the heart of Japan's new growth Tap into Japan's economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges Why invest in this Trust? Expertise - One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market. Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming. Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection. Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.