Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 82.65 ($1.05) and traded as low as GBX 77.60 ($0.98). Jupiter Fund Management shares last traded at GBX 81 ($1.03), with a volume of 814,355 shares changing hands.
Wall Street Analyst Weigh In
Separately, Citigroup reduced their price target on Jupiter Fund Management from GBX 92 ($1.17) to GBX 80 ($1.01) and set a "neutral" rating for the company in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 89 ($1.13).
Get Our Latest Analysis on Jupiter Fund Management
Jupiter Fund Management Price Performance
The stock has a market capitalization of £418.04 million, a price-to-earnings ratio of -47.09 and a beta of 1.42. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The firm has a 50-day moving average of GBX 81.20 and a two-hundred day moving average of GBX 82.56.
Insider Activity at Jupiter Fund Management
In other news, insider James Macpherson bought 30,000 shares of the stock in a transaction on Tuesday, December 17th. The shares were purchased at an average price of GBX 83 ($1.05) per share, for a total transaction of £24,900 ($31,550.94). 25.22% of the stock is owned by insiders.
About Jupiter Fund Management
(
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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.
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