JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High – Time to Buy?

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

JPMorgan European Growth & Income Stock Performance

The company has a market capitalization of £587.78 million, a P/E ratio of 6.49 and a beta of 0.85. The business has a 50 day moving average of GBX 135.36 and a 200 day moving average of GBX 129.37. The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40.

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

Insider Buying and Selling

In other JPMorgan European Growth & Income news, insider Rita Dhut acquired 18,000 shares of the stock in a transaction on Thursday, December 18th. The stock was acquired at an average price of GBX 137 per share, for a total transaction of £24,660. 0.06% of the stock is owned by company insiders.

JPMorgan European Growth & Income Company Profile

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.