JPMorgan Global Growth & Income (LON:JGGI) Hits New 52-Week High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI) reached a new 52-week high on Monday . The stock traded as high as GBX 612 and last traded at GBX 604.50, with a volume of 2909691 shares. The stock had previously closed at GBX 596.

JPMorgan Global Growth & Income Stock Up 0.3%

The firm has a 50 day simple moving average of GBX 587.50 and a two-hundred day simple moving average of GBX 576.31. 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 stock has a market capitalization of £3.30 billion, a P/E ratio of 14.45 and a beta of 0.79.

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

JPMorgan Global Growth & Income Company Profile

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.