Jupiter Fund Management (LON:JUP) Shares Pass Below 200-Day Moving Average – Here’s What Happened

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 Stock Performance

The firm has a 50-day simple moving average of GBX 83.23 and a two-hundred day simple moving average of GBX 83.58. The company has a market capitalization of £416.57 million, a price-to-earnings ratio of -4,050.00 and a beta of 1.42. The company has a debt-to-equity ratio of 11.23, a quick ratio of 1.79 and a current ratio of 1.70.

Insider Buying and Selling

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

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.