The stock of JPMorgan US Smaller Co Inv Trust PLC (LON:JUSC) hit a new 52-week high and has GBX 372.83 target or 67.00% above today’s GBX 223.25 share price. The 5 months bullish chart indicates low risk for the GBX 125.29 million company. The 1-year high was reported on Nov, 11 by Barchart.com. If the GBX 372.83 price target is reached, the company will be worth GBX 83.94 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 0.62% or GBX 1.38 on November 11, hitting GBX 223.25. About 89,215 shares traded hands or 24.80% up from the average. JPMorgan US Smaller Co Inv Trust PLC (LON:JUSC) has risen 11.06% since April 14, 2016 and is uptrending. It has outperformed by 4.91% the S&P500.
JPMorgan US Smaller Companies Investment Trust plc is a United Kingdom investment trust. The company has a market cap of 125.29 million GBP. The Company’s objective is to achieve capital growth from investing in the United States smaller companies. It has a 6.25 P/E ratio. The Firm invests in a diversified portfolio.
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