JPMorgan Japanese (LON:JFJ) Hits New 1-Year High – Time to Buy?

JPMorgan Japanese (LON:JFJ)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 588 ($7.34) and last traded at GBX 587 ($7.33), with a volume of 60291 shares trading hands. The stock had previously closed at GBX 585 ($7.30).

JPMorgan Japanese Stock Up 0.5 %

The company has a debt-to-equity ratio of 12.06, a quick ratio of 0.35 and a current ratio of 0.38. The stock has a market cap of £844.02 million, a PE ratio of 653.33 and a beta of 0.71. The company’s 50-day moving average price is GBX 565.12 and its 200 day moving average price is GBX 549.62.

JPMorgan Japanese (LON:JFJ) last announced its quarterly earnings data on Monday, December 16th. The company reported GBX 7.37 ($0.09) earnings per share (EPS) for the quarter. JPMorgan Japanese had a return on equity of 16.19% and a net margin of 105.84%.

JPMorgan Japanese Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, February 12th. Shareholders of record on Tuesday, December 24th will be issued a dividend of GBX 6.75 ($0.08) per share. This represents a yield of 1.18%. This is a boost from JPMorgan Japanese’s previous dividend of $6.50. The ex-dividend date is Tuesday, December 24th. JPMorgan Japanese’s dividend payout ratio is presently 777.78%.

JPMorgan Japanese Company Profile

Be at the heart of Japan’s new growth
Tap into Japan’s economic transformation and potential for long-term capital growth as a dynamic new generation of companies emerges

Why invest in this Trust?

Expertise – One of the largest and oldest closed-end funds to focus on Japanese equities. Managed by a Tokyo-based team of 25 Japan investment professionals, providing the vital local insights needed to uncover value in an under-researched market.

Portfolio: Invests in innovative Japanese companies from across the market cap spectrum that are leading the world in high-growth industries, including robotics, e-commerce, fintech and computer gaming.
Seeks out high quality companies with strong franchises, balance sheets and cash-flow generation, while fully integrating environmental, social and governance factors into stock selection.

Results- Provides access to a portfolio that is focused only on those high quality Japanese companies that we believe offer the most attractive opportunities for sustainable long-term capital growth.