Jupiter Fund Management Plc (LON:JUP - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 83.25 ($1.02) and traded as low as GBX 76.70 ($0.94). Jupiter Fund Management shares last traded at GBX 78.70 ($0.97), with a volume of 505,757 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Citigroup cut their price target on shares of Jupiter Fund Management from GBX 92 ($1.13) to GBX 80 ($0.98) and set a "neutral" rating on the stock in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of GBX 87.40 ($1.07).
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Jupiter Fund Management Price Performance
The firm has a market capitalization of £408.85 million, a price-to-earnings ratio of -3,975.00 and a beta of 1.42. The company's fifty day moving average price is GBX 82.56 and its 200 day moving average price is GBX 83.15. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70.
Insider Transactions at Jupiter Fund Management
In other news, insider James Macpherson bought 30,000 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were bought at an average cost of GBX 83 ($1.02) per share, with a total value of £24,900 ($30,593.44). Insiders own 25.22% of the company's stock.
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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