JPMorgan Global Growth & Income (LON:JGGI) Trading Down 0.7% – Here’s What Happened

JPMorgan Global Growth & Income (LON:JGGI)’s stock price traded down 0.7% during trading on Wednesday . The stock traded as low as GBX 566 and last traded at GBX 566. 479,800 shares were traded during mid-day trading, a decline of 67% from the average session volume of 1,464,605 shares. The stock had previously closed at GBX 570.

JPMorgan Global Growth & Income Stock Performance

The company has a current ratio of 6.67, a quick ratio of 5.88 and a debt-to-equity ratio of 5.06. The company has a market capitalization of £3.19 billion, a P/E ratio of 85.24 and a beta of 0.61. The company’s 50 day moving average is GBX 571.86 and its 200-day moving average is GBX 565.24.

JPMorgan Global Growth & Income (LON:JGGI) last announced its quarterly earnings results on Thursday, October 2nd. The company reported GBX 8.27 earnings per share (EPS) for the quarter. JPMorgan Global Growth & Income had a net margin of 94.75% and a return on equity of 22.97%.

Insider Transactions at JPMorgan Global Growth & Income

In related news, insider Neil Rogan acquired 1,753 shares of JPMorgan Global Growth & Income stock in a transaction dated Tuesday, December 2nd. The stock was purchased at an average cost of GBX 572 per share, for a total transaction of £10,027.16. Insiders have purchased 5,330 shares of company stock worth $3,048,760 in the last three months. Insiders own 0.10% of the company’s stock.

About JPMorgan Global Growth & Income

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.