JPMorgan Global Growth & Income (LON:JGGI) Reaches New 1-Year High – Still a Buy?

JPMorgan Global Growth & Income (LON:JGGI)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 591 and last traded at GBX 591, with a volume of 1858579 shares changing hands. The stock had previously closed at GBX 586.

JPMorgan Global Growth & Income Trading Up 0.3%

The firm has a market cap of £3.24 billion, a P/E ratio of 14.20 and a beta of 0.47. The company has a quick ratio of 5.88, a current ratio of 1.10 and a debt-to-equity ratio of 4.83. The firm’s fifty day moving average is GBX 567.39 and its two-hundred day moving average is GBX 572.34.

JPMorgan Global Growth & Income (LON:JGGI) last issued its quarterly earnings results on Thursday, March 19th. The company reported GBX 3.63 earnings per share (EPS) for the quarter. JPMorgan Global Growth & Income had a net margin of 91.40% and a return on equity of 7.63%.

About JPMorgan Global Growth & Income

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.