JPMorgan European Discovery (LON:JEDT) Trading 0.3% Higher – Still a Buy?

Shares of JPMorgan European Discovery (LON:JEDTGet Free Report) rose 0.3% during mid-day trading on Wednesday . The company traded as high as GBX 665 and last traded at GBX 660. Approximately 187,773 shares changed hands during trading, an increase of 24% from the average daily volume of 151,583 shares. The stock had previously closed at GBX 658.

JPMorgan European Discovery Trading Up 0.3%

The stock has a market cap of £601.59 million, a price-to-earnings ratio of 5.71 and a beta of 0.99. The company has a 50 day simple moving average of GBX 635.38 and a 200-day simple moving average of GBX 615.24.

About JPMorgan European Discovery

(Get Free Report)

Uncovering Europe’s hidden gems

Unearth the European companies set to redefine the world: Investing in Europe’s smaller companies provides an opportunity to invest in young, dynamic businesses at the heart of global innovation – including companies with great ideas in established sectors, like retail, finance, consumer durables and engineering. Whilst past performance doesn’t guarantee future results, Europe’s small and mid-cap companies have produced some of the best stock market returns of the past 25 years¹ .

The passion, people and resources to find opportunities first: JPMorgan European Discovery Trust looks to capture this potential by bringing together around 75 of the very best ideas we can find across Europe’s small and mid-cap universe.

Passionate about knowing companies in-depth, our small and mid-cap team conduct over 300 meetings and site visits a year.

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