JPMorgan European Growth & Income (LON:JEGI) Trading Down 1.1% – Should You Sell?

Shares of JPMorgan European Growth & Income (LON:JEGI) were down 1.1% on Wednesday . The company traded as low as GBX 145 and last traded at GBX 145. 1,168,665 shares changed hands during trading, a decline of 28% from the average daily volume of 1,627,924 shares. The stock had previously closed at GBX 146.60.

JPMorgan European Growth & Income Stock Performance

The company has a quick ratio of 20.48, a current ratio of 35.39 and a debt-to-equity ratio of 7.63. The firm has a market cap of £612.43 million, a P/E ratio of 6.25 and a beta of 1.09. The firm has a fifty day moving average of GBX 145.46 and a 200-day moving average of GBX 142.91.

JPMorgan European Growth & Income (LON:JEGI) last issued its earnings results on Wednesday, June 24th. The company reported GBX 1.76 EPS for the quarter. The company had revenue of GBX 1,850 million during the quarter. JPMorgan European Growth & Income had a net margin of 92.53% and a return on equity of 17.34%.

About JPMorgan European Growth & Income

Income and Growth without compromise with a European heart

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.