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

JPMorgan European Growth & Income (LON:JEGI)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 151 and last traded at GBX 149, with a volume of 1050548 shares. The stock had previously closed at GBX 149.50.

JPMorgan European Growth & Income Trading Up 0.1%

The company has a debt-to-equity ratio of 8.40, a quick ratio of 20.49 and a current ratio of 6.69. The company has a market cap of £640.26 million, a price-to-earnings ratio of 7.06 and a beta of 0.85. The company’s fifty day moving average is GBX 143.93 and its two-hundred day moving average is GBX 135.64.

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 Activity

In other JPMorgan European Growth & Income news, insider Rita Dhut bought 18,000 shares of JPMorgan European Growth & Income stock in a transaction that occurred on Thursday, December 18th. The stock was 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.