The stock of JPMorgan US Smaller Co Inv Trust PLC (LON:JUSC) hit a new 52-week high and has GBX 357.39 target or 71.00% above today’s GBX 209.00 share price. The 5 months bullish chart indicates low risk for the GBX 115.13 million company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 357.39 price target is reached, the company will be worth GBX 81.74 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.06% or GBX 0.12 on September 13, hitting GBX 209. About 23,552 shares traded hands. JPMorgan US Smaller Co Inv Trust PLC (LON:JUSC) has risen 26.29% since February 15, 2016 and is uptrending. It has outperformed by 9.81% the S&P500.
JPMorgan US Smaller Companies Investment Trust plc is a United Kingdom investment trust. The company has a market cap of 115.13 million GBP. The Company’s objective is to achieve capital growth from investing in the United States smaller companies. It has a 5.85 P/E ratio. The Firm invests in a diversified portfolio.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.