JPMorgan European Growth & Income (LON:JEGI) Reaches New 1-Year High – What’s Next?

JPMorgan European Growth & Income (LON:JEGI) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 146 and last traded at GBX 146, with a volume of 2342329 shares changing hands. The stock had previously closed at GBX 143.

JPMorgan European Growth & Income Price Performance

The company has a current ratio of 6.69, a quick ratio of 20.49 and a debt-to-equity ratio of 8.40. The stock has a market cap of £615.78 million, a PE ratio of 6.80 and a beta of 0.85. The company’s 50 day moving average is GBX 138.63 and its 200-day moving average is GBX 132.22.

JPMorgan European Growth & Income (LON:JEGI) last announced its earnings results 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 Activity at JPMorgan European Growth & Income

In related news, insider Rita Dhut purchased 18,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was acquired at an average price of GBX 137 per share, with a total value of £24,660. Company insiders own 0.06% of the company’s stock.

About JPMorgan European Growth & Income

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.