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

Posted by Defense World Staff on Jan 31st, 2025

Jupiter Fund Management Plc (LON:JUP – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 83.25 ($1.03) and traded as low as GBX 76.70 ($0.95). Jupiter Fund Management shares last traded at GBX 78.70 ($0.98), with a volume of 505,757 shares.

Analysts Set New Price Targets

Separately, Citigroup decreased their target price on Jupiter Fund Management from GBX 92 ($1.14) to GBX 80 ($0.99) and set a “neutral” rating for the company in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. Based on data from MarketBeat, Jupiter Fund Management presently has an average rating of “Hold” and an average target price of GBX 87.40 ($1.09).

View Our Latest Report on JUP

Jupiter Fund Management Price Performance

The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70. The company’s 50 day moving average price is GBX 82.63 and its 200 day moving average price is GBX 83.25. The company has a market cap of £404.74 million, a price-to-earnings ratio of -3,935.00 and a beta of 1.42.

Insider Buying and Selling

In related news, insider James Macpherson purchased 30,000 shares of Jupiter Fund Management stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of GBX 83 ($1.03) per share, with a total value of £24,900 ($30,923.99). 25.22% of the stock is currently owned by insiders.

Jupiter Fund Management Company Profile

(Get Free Report)

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.