JPMorgan Japanese (LON:JFJ) Reaches New 52-Week High - Here's Why

Shares of JPMorgan Japanese (LON:JFJ - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 605 ($7.50) and last traded at GBX 602.78 ($7.47), with a volume of 213629 shares trading hands. The stock had previously closed at GBX 604 ($7.48).

JPMorgan Japanese Stock Down 0.1 %

The firm has a 50-day simple moving average of GBX 573.34 and a 200 day simple moving average of GBX 552.59. The company has a market capitalization of £862.68 million, a PE ratio of 667.78 and a beta of 0.71. The company has a debt-to-equity ratio of 12.06, a current ratio of 0.38 and a quick ratio of 0.35.

JPMorgan Japanese (LON:JFJ - Get Free Report) last posted its quarterly earnings data 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 firm also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, December 24th will be given a dividend of GBX 6.75 ($0.08) per share. This represents a dividend yield of 1.18%. The ex-dividend date of this dividend is Tuesday, December 24th. This is an increase from JPMorgan Japanese's previous dividend of $6.50. JPMorgan Japanese's dividend payout ratio is currently 777.78%.

JPMorgan Japanese Company Profile

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.