JPMorgan European Discovery (LON:JEDT) Hits New 12-Month High – Should You Buy?

JPMorgan European Discovery (LON:JEDT)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 604 and last traded at GBX 600.10, with a volume of 572 shares changing hands. The stock had previously closed at GBX 601.

JPMorgan European Discovery Stock Down 0.3%

The stock has a market cap of £565.14 million, a PE ratio of 5.21 and a beta of 1.24. The business has a 50 day moving average of GBX 582.35 and a 200-day moving average of GBX 577.52. The company has a current ratio of 56.35, a quick ratio of 1.00 and a debt-to-equity ratio of 9.53.

JPMorgan European Discovery (LON:JEDT) last issued its quarterly earnings data on Monday, December 1st. The company reported GBX 15.60 earnings per share for the quarter. JPMorgan European Discovery had a return on equity of 17.01% and a net margin of 90.80%.

JPMorgan European Discovery Company Profile

JPMorgan European Smaller Companies Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth and value stocks of small cap companies. The fund benchmarks the performance of its portfolio against the Euromoney Smaller European Companies (ex UK) Total Return Index.