Jupiter Fund Management (LON:JUP) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Shares of Jupiter Fund Management Plc (LON:JUP) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 83.57 ($1.02) and traded as low as GBX 80.30 ($0.98). Jupiter Fund Management shares last traded at GBX 81 ($0.99), with a volume of 38,376,164 shares trading hands.

Jupiter Fund Management Price Performance

The firm’s fifty day simple moving average is GBX 83.23 and its 200-day simple moving average is GBX 83.57. The company has a quick ratio of 1.79, a current ratio of 1.70 and a debt-to-equity ratio of 11.23. The firm has a market capitalization of £416.57 million, a PE ratio of -4,050.00 and a beta of 1.42.

Insiders Place Their Bets

In other news, insider James Macpherson acquired 30,000 shares of Jupiter Fund Management stock in a transaction that occurred on Tuesday, December 17th. The stock was bought at an average price of GBX 83 ($1.01) per share, for a total transaction of £24,900 ($30,402.93). 25.22% of the stock is owned by 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.