Jupiter Dividend & Growth Trust PLC Can’t Burn Your Long Portfolio. Just Reaches 52-Week High


The stock of Jupiter Dividend & Growth Trust PLC (LON:JDTZ) hit a new 52-week high and has GBX 299.62 target or 142.00% above today’s GBX 123.81 share price. The 9 months bullish chart indicates low risk for the GBX 12.52 million company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 299.62 price target is reached, the company will be worth GBX 17.78M 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 0.45% or GBX 0.56 on September 13, hitting GBX 123.81. Jupiter Dividend & Growth Trust PLC (LON:JDTZ) has risen 28.37% since February 15, 2016 and is uptrending. It has outperformed by 11.89% the S&P500.

Jupiter Dividend & Growth Trust PLC is a United Kingdom investment trust. The company has a market cap of 12.52 million GBP. The Company’s investment objective is to provide ordinary income and common shareholders with a high and rising income together with the possibility of capital appreciation and to provide zero dividend preference and common shareholders with a predetermined level of capital growth at the Company’s planned winding up date on 30 November 2017. It has a 144.3 P/E ratio. The firm primarily invests in a portfolio of United Kingdom listed equities.

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