JPMorgan Japanese (LON:JFJ) Shares Break Above Two Hundred Day Moving Average – Here’s Why

JPMorgan Japanese (LON:JFJ – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 790.14 and traded as high as GBX 797. JPMorgan Japanese shares last traded at GBX 793, with a volume of 316,713 shares traded.

JPMorgan Japanese Price Performance

The company has a market capitalization of £1.16 billion, a PE ratio of 5.31 and a beta of 1.02. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.49 and a quick ratio of 0.35. The stock’s 50 day simple moving average is GBX 808.68 and its 200-day simple moving average is GBX 790.14.

About JPMorgan Japanese

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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.

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