JPMorgan Japanese (LON:JFJ) Hits New 12-Month High – What’s Next?

JPMorgan Japanese (LON:JFJ) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 588 ($7.34) and last traded at GBX 587 ($7.33), with a volume of 60291 shares. The stock had previously closed at GBX 585 ($7.30).

JPMorgan Japanese Stock Performance

The business has a 50-day moving average price of GBX 565.12 and a 200-day moving average price of GBX 549.62. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 12.06. The firm has a market capitalization of £844.02 million, a price-to-earnings ratio of 653.33 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) 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 announced a dividend, which will be paid on Wednesday, February 12th. Investors of record on Tuesday, December 24th will be paid a GBX 6.75 ($0.08) dividend. This is a positive change from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date of this dividend is Tuesday, December 24th. This represents a yield of 1.18%. JPMorgan Japanese’s dividend payout ratio (DPR) is 777.78%.

About JPMorgan Japanese

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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.

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