JPMorgan European Growth & Income (LON:JEGI) Reaches New 12-Month High – What’s Next?

Shares of JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high on Monday . The company traded as high as GBX 139.50 and last traded at GBX 139.14, with a volume of 268421 shares trading hands. The stock had previously closed at GBX 138.

JPMorgan European Growth & Income Stock Performance

The stock has a 50 day moving average of GBX 134.76 and a 200-day moving average of GBX 128.77. The company has a market capitalization of £586.25 million, a P/E ratio of 6.47 and a beta of 0.85. The company has a current ratio of 6.69, a quick ratio of 20.49 and a debt-to-equity ratio of 8.40.

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

Insider Activity at JPMorgan European Growth & Income

In other news, insider Rita Dhut bought 18,000 shares of the stock in a transaction that occurred on Thursday, December 18th. The shares were bought at an average price of GBX 137 per share, for a total transaction of £24,660. 0.06% of the stock is owned by 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.