JPMorgan European Discovery (LON:JEDT) Shares Down 0.2% – Time to Sell?

JPMorgan European Discovery (LON:JEDT) shares were down 0.2% during trading on Wednesday . The stock traded as low as GBX 625 and last traded at GBX 626.57. Approximately 410,831 shares changed hands during trading, an increase of 173% from the average daily volume of 150,455 shares. The stock had previously closed at GBX 628.

JPMorgan European Discovery Stock Performance

The business’s 50-day moving average is GBX 633.99 and its two-hundred day moving average is GBX 625.93. The stock has a market capitalization of £564.87 million, a PE ratio of 5.37 and a beta of 1.33.

JPMorgan European Discovery (LON:JEDT) last issued its earnings results on Friday, June 19th. The company reported GBX 18.18 earnings per share (EPS) for the quarter. JPMorgan European Discovery had a return on equity of 19.15% and a net margin of 100.99%.The business had revenue of GBX 2,094 million during the quarter.

Insider Buying and Selling at JPMorgan European Discovery

In other JPMorgan European Discovery news, insider Michiel Jaski purchased 6,750 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was bought at an average cost of GBX 623 per share, for a total transaction of £42,052.50. 0.43% of the stock is currently owned by corporate insiders.

JPMorgan European Discovery Company Profile

Uncovering Europe’s hidden gems

Unearth the European companies set to redefine the world: Investing in Europe’s smaller companies provides an opportunity to invest in young, dynamic businesses at the heart of global innovation – including companies with great ideas in established sectors, like retail, finance, consumer durables and engineering. Whilst past performance doesn’t guarantee future results, Europe’s small and mid-cap companies have produced some of the best stock market returns of the past 25 years¹ .

The passion, people and resources to find opportunities first: JPMorgan European Discovery Trust looks to capture this potential by bringing together around 75 of the very best ideas we can find across Europe’s small and mid-cap universe.

Passionate about knowing companies in-depth, our small and mid-cap team conduct over 300 meetings and site visits a year.