Jupiter Fund Management (LON:JUP) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Jupiter Fund Management Plc (LON:JUP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 82.92 ($1.04) and traded as high as GBX 86.70 ($1.09). Jupiter Fund Management shares last traded at GBX 86.40 ($1.08), with a volume of 121,896 shares.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 100 ($1.25) price target on shares of Jupiter Fund Management in a report on Tuesday, September 3rd. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 89.25 ($1.12).

Jupiter Fund Management Stock Up 2.0 %

The company has a current ratio of 1.70, a quick ratio of 1.79 and a debt-to-equity ratio of 11.23. The stock has a 50-day moving average of GBX 82.83 and a 200-day moving average of GBX 82.92. The firm has a market cap of £444.34 million, a price-to-earnings ratio of -4,320.00 and a beta of 1.42.

Insider Buying and Selling at Jupiter Fund Management

In other Jupiter Fund Management news, insider James Macpherson purchased 30,000 shares of the firm’s stock in a transaction dated Tuesday, December 17th. The stock was bought at an average price of GBX 83 ($1.04) per share, with a total value of £24,900 ($31,230.40). 25.22% of the stock is currently owned by company insiders.

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.