JPMorgan Claverhouse (LON:JCH) Shares Cross Below 200-Day Moving Average – Time to Sell?

JPMorgan Claverhouse (LON:JCH)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 713.68 ($8.71) and traded as low as GBX 697.45 ($8.52). JPMorgan Claverhouse shares last traded at GBX 706 ($8.62), with a volume of 52,442 shares traded.

JPMorgan Claverhouse Trading Down 1.4 %

The firm’s 50 day moving average is GBX 701.42 and its 200 day moving average is GBX 713.68. The company has a debt-to-equity ratio of 11.85, a current ratio of 0.71 and a quick ratio of 67.67. The company has a market capitalization of £396.51 million, a PE ratio of 675.73 and a beta of 0.83.

JPMorgan Claverhouse Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, November 7th were given a GBX 8.25 ($0.10) dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a dividend yield of 1.15%. JPMorgan Claverhouse’s dividend payout ratio is currently 3,398.06%.

About JPMorgan Claverhouse

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.