JPMorgan Japanese (LON:JFJ) Reaches New 52-Week High – Still a Buy?

Shares of JPMorgan Japanese (LON:JFJ) hit a new 52-week high on Monday . The company traded as high as GBX 850 and last traded at GBX 844.68, with a volume of 35145 shares changing hands. The stock had previously closed at GBX 837.

JPMorgan Japanese Stock Up 0.9%

The stock has a market cap of £1.28 billion, a P/E ratio of 5.67 and a beta of 1.08. The company has a quick ratio of 0.35, a current ratio of 0.49 and a debt-to-equity ratio of 5.17. The business has a 50-day simple moving average of GBX 803.52 and a 200-day simple moving average of GBX 778.03.

JPMorgan Japanese (LON:JFJ) last released its quarterly earnings results on Monday, June 1st. The company reported GBX 6.38 EPS for the quarter. JPMorgan Japanese had a net margin of 96.52% and a return on equity of 20.00%. The company had revenue of GBX 1,228 million for the quarter.

JPMorgan Japanese Company Profile

Invest in the heart of a changing Japan

Invest in the heart of a changing Japan

The Company seeks to tap into the long-term story of Japan’s structural economic transformation by investing in high-quality innovative companies in sectors such as robotics, materials, healthcare, e-commerce and business services, as well as companies transitioning to more capital efficient business models.

Local Insight, Global Strength

The Company, one of the largest and oldest closed-end funds focused on Japanese equities, is managed locally and supported by a team of over 25 specialist investment professionals in Tokyo.