JPMorgan European Growth & Income (LON:JEGI) Stock Price Up 1.1% – Here’s Why

JPMorgan European Growth & Income (LON:JEGI)’s stock price shot up 1.1% during mid-day trading on Tuesday . The stock traded as high as GBX 148.20 and last traded at GBX 148. 501,498 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 1,551,352 shares. The stock had previously closed at GBX 146.40.

JPMorgan European Growth & Income Stock Down 0.9%

The stock has a market capitalization of £620.88 million, a PE ratio of 6.34 and a beta of 1.06. The company has a debt-to-equity ratio of 7.63, a quick ratio of 20.48 and a current ratio of 35.39. The business has a 50 day moving average of GBX 147.74 and a two-hundred day moving average of GBX 143.77.

JPMorgan European Growth & Income (LON:JEGI) last announced its earnings results on Wednesday, June 24th. The company reported GBX 1.76 earnings per share for the quarter. JPMorgan European Growth & Income had a net margin of 92.53% and a return on equity of 17.34%. The company had revenue of GBX 1,850 million during the quarter.

JPMorgan European Growth & Income Company Profile

Income and Growth without compromise with a European heart

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.