JPMorgan European Growth & Income (LON:JEGI) Sets New 52-Week High – Time to Buy?

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

JPMorgan European Growth & Income Trading Down 0.7%

The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40. The company’s fifty day moving average price is GBX 139.30 and its two-hundred day moving average price is GBX 132.52. The firm has a market cap of £603.13 million, a PE ratio of 6.66 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI) last announced its quarterly earnings data 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 Buying and Selling at JPMorgan European Growth & Income

In other JPMorgan European Growth & Income news, insider Rita Dhut acquired 18,000 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were purchased at an average price of GBX 137 per share, with a total value of £24,660. 0.06% of the stock is currently 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.