JPMorgan European Growth & Income (LON:JEGI) Sets New 52-Week High – What’s Next?

Shares of JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 148.50 and last traded at GBX 148.16, with a volume of 1663902 shares. The stock had previously closed at GBX 147.50.

JPMorgan European Growth & Income Stock Up 0.7%

The stock has a fifty day moving average price of GBX 141.02 and a 200-day moving average price of GBX 133.71. The firm has a market cap of £627.21 million, a PE ratio of 6.91 and a beta of 0.85. 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 issued its quarterly earnings data on Thursday, November 27th. The company reported GBX 2.58 EPS for the quarter. JPMorgan European Growth & Income had a return on equity of 14.20% and a net margin of 92.01%.

Insiders Place Their Bets

In other news, insider Rita Dhut purchased 18,000 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average price of GBX 137 per share, with a total value of £24,660. Insiders own 0.06% of the company’s stock.

About JPMorgan European Growth & Income

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.