JPMorgan European Growth & Income (LON:JEGI) Posts Earnings Results

JPMorgan European Growth & Income (LON:JEGI) posted its quarterly earnings results on Thursday. The company reported GBX 2.58 EPS for the quarter, Digital Look Earnings reports. JPMorgan European Growth & Income had a net margin of 92.01% and a return on equity of 14.20%.

JPMorgan European Growth & Income Stock Down 0.7%

Shares of JPMorgan European Growth & Income stock traded down GBX 1 during midday trading on Thursday, hitting GBX 134. The company had a trading volume of 1,483,177 shares, compared to its average volume of 1,349,779. JPMorgan European Growth & Income has a 52-week low of GBX 93.60 and a 52-week high of GBX 139.50. The stock has a market capitalization of £565.17 million, a P/E ratio of 38.07 and a beta of 0.85. The company has a 50 day moving average of GBX 132.31 and a 200 day moving average of GBX 126.50. The company has a debt-to-equity ratio of 8.40, a quick ratio of 20.49 and a current ratio of 6.69.

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.