JPMorgan Global Growth & Income (LON:JGGI) Hits New 52-Week High – Here’s Why

JPMorgan Global Growth & Income (LON:JGGI) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 613 and last traded at GBX 610, with a volume of 754904 shares trading hands. The stock had previously closed at GBX 607.10.

JPMorgan Global Growth & Income Price Performance

The company has a market capitalization of £3.33 billion, a PE ratio of 14.60 and a beta of 0.79. The company has a debt-to-equity ratio of 4.83, a current ratio of 1.10 and a quick ratio of 5.88. The company’s 50 day simple moving average is GBX 590.52 and its 200 day simple moving average is GBX 577.05.

JPMorgan Global Growth & Income (LON:JGGI) last issued its quarterly earnings data on Thursday, March 19th. The company reported GBX 3.63 earnings per share for the quarter. JPMorgan Global Growth & Income had a net margin of 91.40% and a return on equity of 7.63%.

About JPMorgan Global Growth & Income

A distinctive strategy for today’s markets

JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:

Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.

Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.

Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.