JPMorgan European Discovery (LON:JEDT) Shares Climb 1.5% – What’s Next?

JPMorgan European Discovery (LON:JEDT) shares traded up 1.5% on Monday. The stock traded as high as GBX 601 and last traded at GBX 599. 253,635 shares changed hands during mid-day trading, an increase of 73% from the average daily volume of 146,748 shares. The stock had previously closed at GBX 590.

JPMorgan European Discovery Stock Performance

The firm has a market cap of £540.72 million, a price-to-earnings ratio of 5.18 and a beta of 1.30. The business’s 50 day moving average price is GBX 620.44 and its 200-day moving average price is GBX 623.67.

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.