Jupiter Fund Management (LON:JUP) Trading Down 1.1% – Should You Sell?

Jupiter Fund Management Plc (LON:JUP) fell 1.1% during mid-day trading on Thursday . The stock traded as low as GBX 83.60 ($1.06) and last traded at GBX 83.60 ($1.06). 201,046 shares changed hands during trading, a decline of 82% from the average session volume of 1,120,643 shares. The stock had previously closed at GBX 84.50 ($1.07).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 100 ($1.26) price target on shares of Jupiter Fund Management in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Jupiter Fund Management presently has a consensus rating of “Hold” and a consensus price target of GBX 89.25 ($1.13).

Jupiter Fund Management Price Performance

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 company has a 50 day moving average of GBX 83.14 and a two-hundred day moving average of GBX 82.87. The firm has a market cap of £426.85 million, a P/E ratio of -4,150.00 and a beta of 1.42.

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.