JPMorgan Global Growth & Income (LON:JGGI) Sets New 52-Week High – Should You Buy?

JPMorgan Global Growth & Income (LON:JGGI) shares hit a new 52-week high on Thursday . The company traded as high as GBX 637.50 and last traded at GBX 637, with a volume of 6773819 shares. The stock had previously closed at GBX 630.50.

JPMorgan Global Growth & Income Trading Down 0.1%

The company has a current ratio of 1.10, a quick ratio of 5.88 and a debt-to-equity ratio of 4.83. The stock has a market cap of £3.47 billion, a price-to-earnings ratio of 15.22 and a beta of 0.79. The company has a fifty day simple moving average of GBX 604.84 and a 200-day simple moving average of GBX 585.44.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today’s markets

JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:

Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.

Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.

Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.