JPMorgan European Discovery (LON:JEDT) Sets New 12-Month High – Here’s What Happened

JPMorgan European Discovery (LON:JEDTGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 564 ($7.64) and last traded at GBX 562 ($7.62), with a volume of 117062 shares. The stock had previously closed at GBX 564 ($7.64).

JPMorgan European Discovery Price Performance

The business’s 50 day moving average is GBX 510.37 and its 200-day moving average is GBX 481.93. The firm has a market capitalization of £653.18 million, a P/E ratio of 6.74 and a beta of 1.24. The company has a quick ratio of 1.00, a current ratio of 56.35 and a debt-to-equity ratio of 9.53.

About JPMorgan European Discovery

(Get Free Report)

JPMorgan European Smaller Companies Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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