JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High – What’s Next?

JPMorgan European Growth & Income (LON:JEGI)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 140 and last traded at GBX 140, with a volume of 22898 shares changing hands. The stock had previously closed at GBX 138.

JPMorgan European Growth & Income Price Performance

The firm’s 50 day moving average price is GBX 135.09 and its two-hundred day moving average price is GBX 129.11. The company has a debt-to-equity ratio of 8.40, a current ratio of 6.69 and a quick ratio of 20.49. The stock has a market cap of £587.61 million, a PE ratio of 6.49 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI) last announced its quarterly earnings results on Thursday, November 27th. The company reported GBX 2.58 EPS for the quarter. JPMorgan European Growth & Income had a net margin of 92.01% and a return on equity of 14.20%.

Insider Activity at JPMorgan European Growth & Income

In related news, insider Rita Dhut purchased 18,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of GBX 137 per share, with a total value of £24,660. 0.06% of the stock is owned by insiders.

About JPMorgan European Growth & Income

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.