JPMorgan American (LON:JAM) Sets New 1-Year High – Still a Buy?

JPMorgan American (LON:JAM) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 1,220 and last traded at GBX 1,218, with a volume of 287293 shares changing hands. The stock had previously closed at GBX 1,212.

JPMorgan American Price Performance

The stock has a market capitalization of £2.03 billion, a price-to-earnings ratio of 26.39 and a beta of 0.74. The company has a current ratio of 0.53, a quick ratio of 1.45 and a debt-to-equity ratio of 5.33. The company’s 50 day moving average is GBX 1,140.43 and its 200 day moving average is GBX 1,126.86.

JPMorgan American (LON:JAM) last issued its quarterly earnings data on Wednesday, April 1st. The company reported GBX 10.41 earnings per share for the quarter. The company had revenue of GBX 2,395 million during the quarter. JPMorgan American had a return on equity of 4.28% and a net margin of 89.80%.

JPMorgan American Company Profile

US equities, hand-picked by experts

Our flagship American trust offers a high conviction portfolio of both US value and growth stocks that represent the managers’ best ideas, designed to outperform across market cycles.

The managers’ decades of US stock-picking experience underpin a track record of consistent performance and dividends.

Key points:

Excellence – outperforming the benchmark, net of fees over 3, 5 and 10 years.
Expertise – deep in-house stock research
Experience – long-standing and proven investment team.