JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High – What’s Next?

JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 129 ($1.75) and last traded at GBX 127.55 ($1.73), with a volume of 206906 shares. The stock had previously closed at GBX 127.50 ($1.73).

JPMorgan European Growth & Income Stock 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 company’s fifty day moving average price is GBX 125.29 and its 200 day moving average price is GBX 118.51. The company has a market cap of £537.75 million, a PE ratio of 3,622.16 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI) last released its quarterly earnings results on Monday, June 23rd. The company reported GBX 2.85 earnings per share for the quarter. JPMorgan European Growth & Income had a net margin of 92.01% and a return on equity of 14.20%.

JPMorgan European Growth & Income Company Profile

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.