JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High – Here’s What Happened

JPMorgan European Growth & Income (LON:JEGI) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 149.50 and last traded at GBX 149.13, with a volume of 641023 shares changing hands. The stock had previously closed at GBX 148.

JPMorgan European Growth & Income Price Performance

The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40. The firm has a market capitalization of £629.33 million, a PE ratio of 6.94 and a beta of 0.85. The stock has a 50-day moving average price of GBX 142.38 and a 200 day moving average price of GBX 134.64.

JPMorgan European Growth & Income (LON:JEGI) last announced its earnings results on Thursday, November 27th. The company reported GBX 2.58 earnings per share (EPS) for the quarter. JPMorgan European Growth & Income had a return on equity of 14.20% and a net margin of 92.01%.

Insider Transactions at JPMorgan European Growth & Income

In related news, insider Rita Dhut bought 18,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was acquired at an average price of GBX 137 per share, with a total value of £24,660. 0.06% of the stock is currently owned by insiders.

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.