JPMorgan Global Growth & Income (LON:JGGI) Sets New 52-Week High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s share price hit a new 52-week high during trading on Friday . The company traded as high as GBX 613.50 and last traded at GBX 612.50, with a volume of 1095836 shares changing hands. The stock had previously closed at GBX 609.

JPMorgan Global Growth & Income Stock Performance

The company has a quick ratio of 5.88, a current ratio of 1.10 and a debt-to-equity ratio of 4.83. The firm has a 50-day moving average price of GBX 594.81 and a two-hundred day moving average price of GBX 579.10. The firm has a market cap of £3.34 billion, a PE ratio of 14.62 and a beta of 0.79.

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.