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

JPMorgan European Growth & Income (LON:JEGIGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as GBX 136 and last traded at GBX 135.75, with a volume of 717410 shares changing hands. The stock had previously closed at GBX 134.

JPMorgan European Growth & Income Price Performance

The company has a debt-to-equity ratio of 8.40, a current ratio of 6.69 and a quick ratio of 20.49. The business’s fifty day moving average price is GBX 130.54 and its 200-day moving average price is GBX 125.02. The stock has a market capitalization of £571.49 million, a price-to-earnings ratio of 38.49 and a beta of 0.85.

JPMorgan European Growth & Income Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for JPMorgan European Growth & Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan European Growth & Income and related companies with MarketBeat.com's FREE daily email newsletter.