JPMorgan Claverhouse (LON:JCH) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

JPMorgan Claverhouse (LON:JCH) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 706.21 ($8.91) and traded as high as GBX 712.20 ($8.99). JPMorgan Claverhouse shares last traded at GBX 708 ($8.94), with a volume of 34,050 shares trading hands.

JPMorgan Claverhouse Stock Performance

The company has a debt-to-equity ratio of 11.85, a quick ratio of 67.67 and a current ratio of 0.71. The company has a market cap of £403.35 million, a price-to-earnings ratio of 687.38 and a beta of 0.83. The firm’s 50-day moving average price is GBX 706.21 and its 200 day moving average price is GBX 716.85.

JPMorgan Claverhouse Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, December 4th. Shareholders of record on Thursday, November 7th were issued a dividend of GBX 8.25 ($0.10) per share. This represents a yield of 1.15%. The ex-dividend date was Thursday, November 7th. JPMorgan Claverhouse’s dividend payout ratio is presently 3,398.06%.

Insider Activity

In other JPMorgan Claverhouse news, insider Victoria Stewart bought 5,560 shares of JPMorgan Claverhouse stock in a transaction on Wednesday, September 18th. The shares were purchased at an average cost of GBX 716 ($9.04) per share, for a total transaction of £39,809.60 ($50,245.61). 7.35% of the stock is currently owned by company insiders.

About JPMorgan Claverhouse

JPMorgan Claverhouse Investment Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of the United Kingdom. It seeks to invest in stocks of companies operating across diversified sectors.