JPMorgan European Discovery (LON:JEDT) Posts Quarterly Earnings Results

JPMorgan European Discovery (LON:JEDT) released its earnings results on Friday. The company reported GBX 18.18 earnings per share for the quarter, Digital Look Earnings reports. JPMorgan European Discovery had a return on equity of 20.17% and a net margin of 91.11%.The business had revenue of GBX 2,094 million for the quarter.

JPMorgan European Discovery Trading Up 0.1%

Shares of JEDT stock opened at GBX 659.80 on Friday. The stock has a 50 day moving average of GBX 636.82 and a two-hundred day moving average of GBX 615.79. JPMorgan European Discovery has a 12 month low of GBX 548 and a 12 month high of GBX 666. The company has a market capitalization of £601.41 million, a P/E ratio of 5.71 and a beta of 0.99.

JPMorgan European Discovery Company Profile

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.