JPMorgan Japanese (LON:JFJ) Reaches New 12-Month High – Still a Buy?

Shares of JPMorgan Japanese (LON:JFJ) hit a new 52-week high during trading on Friday . The company traded as high as GBX 605 ($7.52) and last traded at GBX 602.78 ($7.50), with a volume of 213629 shares changing hands. The stock had previously closed at GBX 604 ($7.51).

JPMorgan Japanese Stock Down 0.6 %

The company has a debt-to-equity ratio of 12.06, a quick ratio of 0.35 and a current ratio of 0.38. The stock’s 50-day moving average price is GBX 572.51 and its two-hundred day moving average price is GBX 552.05. The stock has a market capitalization of £861.38 million, a PE ratio of 666.78 and a beta of 0.71.

JPMorgan Japanese (LON:JFJ) last released its earnings results on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share (EPS) for the quarter. JPMorgan Japanese had a net margin of 105.84% and a return on equity of 16.19%.

JPMorgan Japanese Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Tuesday, December 24th will be paid a dividend of GBX 6.75 ($0.08) per share. This is a positive change from JPMorgan Japanese’s previous dividend of $6.50. This represents a yield of 1.18%. The ex-dividend date is Tuesday, December 24th. JPMorgan Japanese’s dividend payout ratio (DPR) is currently 777.78%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.