JPMorgan Claverhouse (LON:JCH) Sets New 12-Month High at $708.00

JPMorgan Claverhouse (LON:JCH)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 708 ($8.75) and last traded at GBX 702 ($8.67), with a volume of 41320 shares traded. The stock had previously closed at GBX 706 ($8.72).

JPMorgan Claverhouse Price Performance

The firm has a market capitalization of £407.43 million, a PE ratio of 1,568.89 and a beta of 0.83. The company has a debt-to-equity ratio of 15.10, a current ratio of 0.66 and a quick ratio of 67.67. The firm has a 50-day simple moving average of GBX 678.58 and a 200-day simple moving average of GBX 665.56.

JPMorgan Claverhouse Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, April 25th will be given a GBX 8.25 ($0.10) dividend. The ex-dividend date is Thursday, April 25th. This represents a yield of 1.2%. JPMorgan Claverhouse’s payout ratio is 7,777.78%.

Insiders Place Their Bets

In other news, insider David Fletcher bought 74 shares of the company’s stock in a transaction on Tuesday, March 12th. The shares were acquired at an average cost of GBX 674 ($8.33) per share, with a total value of £498.76 ($616.06). Insiders own 7.21% of the company’s stock.

JPMorgan Claverhouse Company Profile

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