Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 82.99 ($1.03) and traded as low as GBX 77.50 ($0.97). Jupiter Fund Management shares last traded at GBX 78.20 ($0.97), with a volume of 403,179 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, Citigroup cut their price objective on Jupiter Fund Management from GBX 92 ($1.15) to GBX 80 ($1.00) and set a "neutral" rating on the stock in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and five have given a hold rating to the company. According to MarketBeat, Jupiter Fund Management currently has an average rating of "Hold" and a consensus price target of GBX 87.40 ($1.09).
Check Out Our Latest Stock Report on Jupiter Fund Management
Jupiter Fund Management Price Performance
The firm has a market cap of £401.14 million, a PE ratio of -3,900.00 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a current ratio of 1.70 and a quick ratio of 1.79. The firm has a 50-day simple moving average of GBX 82.03 and a 200 day simple moving average of GBX 82.89.
Insider Activity at Jupiter Fund Management
In related news, insider James Macpherson purchased 30,000 shares of the stock in a transaction dated Tuesday, December 17th. The stock was purchased at an average price of GBX 83 ($1.03) per share, with a total value of £24,900 ($31,004.86). 25.22% of the stock is currently owned by corporate insiders.
About Jupiter Fund Management
(
Get Free Report)
Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.
Further Reading
Before you consider Jupiter Fund Management, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jupiter Fund Management wasn't on the list.
While Jupiter Fund Management currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
