JPMorgan UK Smaller Companies Investment Trust (LON:JMI) Share Price Passes Below 200-Day Moving Average – Time to Sell?

JPMorgan UK Smaller Companies Investment Trust plc (LON:JMI) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 285.36 ($3.59) and traded as low as GBX 278 ($3.50). JPMorgan UK Smaller Companies Investment Trust shares last traded at GBX 279 ($3.51), with a volume of 196,280 shares changing hands.

JPMorgan UK Smaller Companies Investment Trust Stock Down 0.7 %

The company has a current ratio of 0.17, a quick ratio of 0.42 and a debt-to-equity ratio of 8.83. The company has a 50-day simple moving average of GBX 279 and a 200 day simple moving average of GBX 285.36. The company has a market cap of £217.76 million, a P/E ratio of -1,743.75 and a beta of 1.30.

About JPMorgan UK Smaller Companies Investment Trust

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.