JPMorgan European Discovery (LON:JEDT) Reaches New 12-Month High – What’s Next?

JPMorgan European Discovery (LON:JEDT) hit a new 52-week high on Thursday . The company traded as high as GBX 625 and last traded at GBX 621, with a volume of 101394 shares trading hands. The stock had previously closed at GBX 610.

JPMorgan European Discovery Trading Down 0.8%

The company has a debt-to-equity ratio of 9.53, a current ratio of 56.35 and a quick ratio of 1.00. The firm has a market capitalization of £578.77 million, a PE ratio of 5.34 and a beta of 1.24. The business’s 50-day moving average price is GBX 590.73 and its 200-day moving average price is GBX 582.01.

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

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.