Jupiter Fund Management (LON:JUP) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Jupiter Fund Management Plc (LON:JUP)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 153.50 and traded as high as GBX 189. Jupiter Fund Management shares last traded at GBX 188, with a volume of 1,352,438 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft increased their price target on shares of Jupiter Fund Management from GBX 165 to GBX 175 and gave the stock a “hold” rating in a report on Monday, February 2nd. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Jupiter Fund Management has an average rating of “Hold” and a consensus target price of GBX 150.33.

Jupiter Fund Management Trading Up 6.6%

The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The firm has a market cap of £1.02 billion, a price-to-earnings ratio of 18.56 and a beta of 1.42. The company has a fifty day moving average price of GBX 178 and a 200-day moving average price of GBX 153.50.

About Jupiter Fund Management

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. Jupiter Fund Management Plc was founded in 1985 and is based in London, United Kingdom.