JPMorgan Japanese (LON:JFJ) Sets New 12-Month High - Time to Buy?

JPMorgan Japanese (LON:JFJ - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 588 ($7.26) and last traded at GBX 587 ($7.25), with a volume of 60291 shares. The stock had previously closed at GBX 585 ($7.23).

JPMorgan Japanese Price Performance

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 capitalization of £844.02 million, a P/E ratio of 653.33 and a beta of 0.71. The firm's 50-day moving average is GBX 564.32 and its 200-day moving average is GBX 549.36.

JPMorgan Japanese (LON:JFJ - Get Free Report) last issued its quarterly earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share 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 business also recently announced a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, December 24th will be paid a dividend of GBX 6.75 ($0.08) per share. This represents a yield of 1.18%. This is a boost from JPMorgan Japanese's previous dividend of $6.50. The ex-dividend date is Tuesday, December 24th. JPMorgan Japanese's dividend payout ratio (DPR) is presently 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.