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

JPMorgan Global Growth & Income (LON:JGGI) shares reached a new 52-week high on Friday . The stock traded as high as GBX 615 and last traded at GBX 614.22, with a volume of 871292 shares traded. The stock had previously closed at GBX 604.

JPMorgan Global Growth & Income Stock Performance

The company has a market cap of £3.36 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The company has a debt-to-equity ratio of 4.83, a current ratio of 1.10 and a quick ratio of 5.88. The firm has a fifty day simple moving average of GBX 602.41 and a 200 day simple moving average of GBX 584.30.

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.