Jupiter Fund Management (LON:JUP) Stock Price Passes Below 200-Day Moving Average of $83.77

Jupiter Fund Management Plc (LON:JUP)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 83.77 ($1.06) and traded as low as GBX 74.50 ($0.95). Jupiter Fund Management shares last traded at GBX 75.70 ($0.96), with a volume of 606,297 shares trading hands.

Wall Street Analyst Weigh In

Separately, Barclays lowered shares of Jupiter Fund Management to an “underweight” rating and set a GBX 85 ($1.08) target price on the stock. in a report on Thursday, April 11th.

Jupiter Fund Management Stock Performance

The company has a market capitalization of £386.89 million, a PE ratio of -2,523.33 and a beta of 1.41. The company has a debt-to-equity ratio of 11.88, a quick ratio of 1.79 and a current ratio of 2.09. The stock’s fifty day simple moving average is GBX 81.76 and its 200-day simple moving average is GBX 83.77.

Jupiter Fund Management Company Profile

Jupiter Fund Management Plc is a publicly owned investment manager. The firm manages mutual funds, hedge funds, client focused portfolios, and multi-manager products for its clients. It invests in the public equity markets across U.K., Europe and global emerging markets. The firm also invests in fixed income markets, fund of funds products, hedge funds, and absolute return funds.