JPMorgan Global Growth & Income (LON:JGGI) Hits New 1-Year High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 613 and last traded at GBX 610, with a volume of 754904 shares changing hands. The stock had previously closed at GBX 607.10.

JPMorgan Global Growth & Income Trading Down 0.1%

The company has a quick ratio of 5.88, a current ratio of 1.10 and a debt-to-equity ratio of 4.83. The business’s fifty day moving average is GBX 591.88 and its 200 day moving average is GBX 577.48. The firm has a market capitalization of £3.26 billion, a price-to-earnings ratio of 14.30 and a beta of 0.79.

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.