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

JPMorgan Global Growth & Income (LON:JGGI) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 637.50 and last traded at GBX 637, with a volume of 6773819 shares traded. The stock had previously closed at GBX 630.50.

JPMorgan Global Growth & Income Stock Performance

The company has a debt-to-equity ratio of 4.83, a quick ratio of 5.88 and a current ratio of 1.10. The company has a market capitalization of £3.48 billion, a P/E ratio of 15.27 and a beta of 0.79. The business has a 50 day moving average of GBX 606.47 and a 200-day moving average of GBX 586.14.

JPMorgan Global Growth & Income Company Profile

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.