JPMorgan UK Smaller Companies Investment Trust (LON:JMI) Stock Crosses Above 50 Day Moving Average of $289.35

JPMorgan UK Smaller Companies Investment Trust plc (LON:JMI)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 289.35 ($3.60) and traded as high as GBX 298 ($3.71). JPMorgan UK Smaller Companies Investment Trust shares last traded at GBX 291 ($3.62), with a volume of 119,294 shares.

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 business has a 50 day simple moving average of GBX 289.35 and a two-hundred day simple moving average of GBX 275.81. The firm has a market capitalization of £217.76 million, a P/E ratio of -1,818.75 and a beta of 1.30.

JPMorgan UK Smaller Companies Investment Trust Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, February 27th. Stockholders of record on Thursday, February 1st were issued a GBX 3.60 ($0.04) dividend. This represents a dividend yield of 1.27%. The ex-dividend date of this dividend was Thursday, February 1st. JPMorgan UK Smaller Companies Investment Trust’s payout ratio is -5,000.00%.

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.