Jupiter Fund Management (LON:JUP) Stock Price Crosses Above Two Hundred Day Moving Average of $127.52

Shares of Jupiter Fund Management Plc (LON:JUPGet Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 127.52 ($1.51) and traded as high as GBX 128.36 ($1.52). Jupiter Fund Management shares last traded at GBX 127.70 ($1.51), with a volume of 1,599,680 shares trading hands.

Analyst Ratings Changes

Separately, Barclays lowered their price objective on Jupiter Fund Management from GBX 120 ($1.42) to GBX 110 ($1.30) and set an “equal weight” rating on the stock in a research report on Wednesday, November 9th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Jupiter Fund Management currently has an average rating of “Hold” and a consensus price target of GBX 159 ($1.88).

Jupiter Fund Management Stock Performance

The firm has a market capitalization of £705.05 million and a PE ratio of 608.10. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 5.77. The business’s 50 day simple moving average is GBX 104.19 and its two-hundred day simple moving average is GBX 127.52.

Insider Buying and Selling at Jupiter Fund Management

In related news, insider Suzy Neubert acquired 46,000 shares of Jupiter Fund Management stock in a transaction dated Monday, September 12th. The stock was purchased at an average cost of GBX 108 ($1.28) per share, for a total transaction of £49,680 ($58,744.24). In other news, insider Andrew Formica sold 506,173 shares of the company’s stock in a transaction on Friday, September 30th. The stock was sold at an average price of GBX 93 ($1.10), for a total value of £470,740.89 ($556,628.70). Also, insider Suzy Neubert purchased 46,000 shares of the business’s stock in a transaction on Monday, September 12th. The stock was acquired at an average price of GBX 108 ($1.28) per share, with a total value of £49,680 ($58,744.24).

Jupiter Fund Management Company Profile

(Get Rating)

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.

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