JPMorgan European Discovery (LON:JEDT) Sets New 12-Month High – Still a Buy?

JPMorgan European Discovery (LON:JEDTGet Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 662 and last traded at GBX 660.08, with a volume of 28162 shares trading hands. The stock had previously closed at GBX 655.

JPMorgan European Discovery Stock Performance

The stock’s 50-day moving average is GBX 611.73 and its 200 day moving average is GBX 606.43. The firm has a market cap of £606.08 million, a P/E ratio of 5.72 and a beta of 0.98.

About JPMorgan European Discovery

(Get Free Report)

Uncovering Europe’s hidden gems

Unearth the European companies set to redefine the world: Investing in Europe’s smaller companies provides an opportunity to invest in young, dynamic businesses at the heart of global innovation – including companies with great ideas in established sectors, like retail, finance, consumer durables and engineering. Whilst past performance doesn’t guarantee future results, Europe’s small and mid-cap companies have produced some of the best stock market returns of the past 25 years¹ .

The passion, people and resources to find opportunities first: JPMorgan European Discovery Trust looks to capture this potential by bringing together around 75 of the very best ideas we can find across Europe’s small and mid-cap universe.

Passionate about knowing companies in-depth, our small and mid-cap team conduct over 300 meetings and site visits a year.

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