JPMorgan UK Smaller Companies Investment Trust (LON:JMI) Stock Crosses Above 50-Day Moving Average – Here’s Why

Shares of JPMorgan UK Smaller Companies Investment Trust plc (LON:JMIGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 279 ($3.63) and traded as high as GBX 284.60 ($3.70). JPMorgan UK Smaller Companies Investment Trust shares last traded at GBX 279 ($3.63), with a volume of 196,280 shares changing hands.

JPMorgan UK Smaller Companies Investment Trust Price Performance

The company has a debt-to-equity ratio of 8.83, a quick ratio of 0.42 and a current ratio of 0.17. The firm has a market capitalization of £217.76 million, a P/E ratio of -1,743.75 and a beta of 1.30. The company has a 50-day moving average price of GBX 279 and a 200-day moving average price of GBX 286.78.

JPMorgan UK Smaller Companies Investment Trust Company Profile

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

Further Reading

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