JPMorgan European Growth & Income (LON:JEGI) Sets New 52-Week High – Here’s Why

Shares of JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 146 and last traded at GBX 145.30, with a volume of 640607 shares trading hands. The stock had previously closed at GBX 145.

JPMorgan European Growth & Income Stock Performance

The firm has a market cap of £612.75 million, a price-to-earnings ratio of 6.76 and a beta of 0.85. The stock’s fifty day moving average is GBX 139.55 and its two-hundred day moving average is GBX 132.78. The company has a debt-to-equity ratio of 8.40, a quick ratio of 20.49 and a current ratio of 6.69.

JPMorgan European Growth & Income (LON:JEGI) last posted its earnings results on Thursday, November 27th. The company reported GBX 2.58 earnings per share (EPS) for the quarter. JPMorgan European Growth & Income had a net margin of 92.01% and a return on equity of 14.20%.

Insider Activity at JPMorgan European Growth & Income

In related news, insider Rita Dhut purchased 18,000 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were bought at an average cost of GBX 137 per share, for a total transaction of £24,660. Company insiders own 0.06% of the company’s stock.

JPMorgan European Growth & Income Company Profile

Attractive capital growth and a dependable income require a solid foundation

JPMorgan European Growth & Income plc is an innovative investment trust offering the best of both worlds from a single share class structure. The Company allows growth-oriented investors to participate in the attractive long-term growth potential of European stock markets while also aiming to deliver a predictable dividend to income seekers.

Key points:

Expertise – Benefits from portfolio managers with long-standing experience investing in European markets, backed by the full strength and depth of J.P.