JPMorgan American (LON:JAM) Shares Pass Above Fifty Day Moving Average – Should You Sell?

JPMorgan American (LON:JAM)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,120.50 and traded as high as GBX 1,138. JPMorgan American shares last traded at GBX 1,120, with a volume of 1,509,317 shares traded.

JPMorgan American Stock Performance

The company has a market cap of £1.91 billion, a price-to-earnings ratio of 25.35 and a beta of 0.65. The business has a fifty day moving average price of GBX 1,120.50 and a 200 day moving average price of GBX 1,073.40.

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.