JPMorgan American (LON:JAM) Shares Down 0.9% – Here’s Why

Shares of JPMorgan American (LON:JAM) were down 0.9% during mid-day trading on Wednesday . The stock traded as low as GBX 1,111.59 and last traded at GBX 1,114. Approximately 677,318 shares changed hands during trading, an increase of 83% from the average daily volume of 370,104 shares. The stock had previously closed at GBX 1,124.

JPMorgan American Stock Performance

The firm has a market cap of £1.89 billion, a price-to-earnings ratio of 25.21 and a beta of 0.65. The stock has a 50-day moving average of GBX 1,121.16 and a 200-day moving average of GBX 1,092.84.

JPMorgan American Company Profile

A local knows the best route
JPMorgan American Investment Trust plc aims to generate attractive long-term returns from the world’s largest stock market by focusing on high quality companies that are also reasonably priced.

Key points:
Expertise – Our flagship US investment trust, managed by locally based specialist investors to provide core portfolio exposure to North American equities.
Portfolio – Managed for growth by focusing on quality companies that are reasonably priced.
Results – Broadly diversified across the S&P 500 index, with a focus on large cap stocks.

Why invest in this trust
The JPMorgan American Investment Trust plc is a large, actively managed investment trust investing in the core US stock market.