JPMorgan Japanese (LON:JFJ) Share Price Passes Below Fifty Day Moving Average – Should You Sell?

JPMorgan Japanese (LON:JFJ) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 799.56 and traded as low as GBX 772. JPMorgan Japanese shares last traded at GBX 778.53, with a volume of 265,612 shares changing hands.

JPMorgan Japanese Stock Down 1.5%

The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.35 and a current ratio of 0.49. The firm has a fifty day simple moving average of GBX 799.56 and a 200-day simple moving average of GBX 774.45. The firm has a market cap of £1.16 billion, a price-to-earnings ratio of 5.15 and a beta of 0.91.

JPMorgan Japanese (LON:JFJ) last released its quarterly earnings data on Monday, June 1st. The company reported GBX 6.38 EPS for the quarter. The firm had revenue of GBX 1,228 million for the quarter. JPMorgan Japanese had a net margin of 96.52% and a return on equity of 20.00%.

About JPMorgan Japanese

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.