JPMorgan Global Growth & Income (LON:JGGI) Shares Down 1.3% – Should You Sell?

JPMorgan Global Growth & Income (LON:JGGI) shares were down 1.3% during trading on Friday . The stock traded as low as GBX 539.60 ($6.97) and last traded at GBX 541 ($6.99). Approximately 1,444,332 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 1,412,934 shares. The stock had previously closed at GBX 548 ($7.08).

JPMorgan Global Growth & Income Stock Performance

The company’s fifty day moving average is GBX 582.77 and its 200 day moving average is GBX 576.45. The company has a market capitalization of £2.79 billion, a P/E ratio of 4.46 and a beta of 0.61. The company has a current ratio of 6.67, a quick ratio of 5.88 and a debt-to-equity ratio of 5.06.

JPMorgan Global Growth & Income (LON:JGGI) last released its quarterly earnings data on Friday, February 28th. The company reported GBX 3.36 ($0.04) EPS for the quarter. JPMorgan Global Growth & Income had a net margin of 94.75% and a return on equity of 22.97%.

About JPMorgan Global Growth & Income

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.