Ashmore Group (OTCMKTS:AJMPF) Rating Change
JPMorgan gave Ashmore Group (OTCMKTS:AJMPF) shares a new Neutral Rating in analysts note shared with investors and clients on Wednesday, 13 December. This is raise from the last Underweight rating.
The firm’s rating upgrade is well received by stock traders, as OTCMKTS:AJMPF is currently trading 7.89% higher at $4.65 as of 12:05 PM New York time. Ashmore Group shares have [From2] 0% over the last 200 days, while the S&P 500 Index has increased 6.00% for the same time period.
Ashmore Group (OTCMKTS:AJMPF) traded up 7.89% on 13 December, hitting $4.65. A total of 1,484 shares of the company’s stock traded hands. This is down from average of 2,250 shares. Ashmore Group has a 52 week low of $2.75 and a 52 week high of $4.65. The company has a market cap of $3.05B and a P/E ratio of 0.
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The post EU: Ashmore Group (OTCMKTS:AJMPF) Rating Outlook Improved to Neutral by JPMorgan. Lost Its Underweight Rating appeared first on Octafinance.