JPMorgan Japanese (LON:JFJ) Hits New 12-Month High - Should You Buy?

Shares of JPMorgan Japanese (LON:JFJ - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 595 ($7.41) and last traded at GBX 595 ($7.41), with a volume of 304176 shares traded. The stock had previously closed at GBX 590 ($7.35).

JPMorgan Japanese Stock Up 0.5 %

The company has a debt-to-equity ratio of 12.06, a current ratio of 0.38 and a quick ratio of 0.35. The company has a market cap of £858.37 million, a P/E ratio of 664.44 and a beta of 0.71. The company has a 50 day moving average of GBX 567.58 and a 200-day moving average of GBX 550.27.

JPMorgan Japanese (LON:JFJ - Get Free Report) last released its quarterly earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) EPS for the quarter. JPMorgan Japanese had a net margin of 105.84% and a return on equity of 16.19%.

JPMorgan Japanese Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Tuesday, December 24th will be paid a GBX 6.75 ($0.08) dividend. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 1.18%. This is a positive change from JPMorgan Japanese's previous dividend of $6.50. JPMorgan Japanese's dividend payout ratio is currently 777.78%.

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.