JPMorgan European Investment Trust plc – Growth Shares (LON:JETG) Stock Price Up 1.9%

JPMorgan European Investment Trust plc – Growth Shares (LON:JETG) shares rose 1.9% during trading on Thursday . The company traded as high as GBX 370 ($4.83) and last traded at GBX 370 ($4.83). Approximately 17,400 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 60,967 shares. The stock had previously closed at GBX 363 ($4.74).

The company has a quick ratio of 72.39, a current ratio of 72.47 and a debt-to-equity ratio of 9.82. The stock has a market cap of £576.93 million and a PE ratio of 3.38. The business has a 50 day moving average price of GBX 365.44 and a 200 day moving average price of GBX 351.69.

The business also recently announced a dividend, which will be paid on Friday, October 15th. Stockholders of record on Thursday, September 9th will be paid a GBX 2.50 ($0.03) dividend. The ex-dividend date is Thursday, September 9th. This represents a dividend yield of 0.67%. JPMorgan European Investment Trust plc – Growth Shares’s payout ratio is 0.04%.

About JPMorgan European Investment Trust plc – Growth Shares (LON:JETG)

JPMorgan European Investment Trust plc – Growth Shares is an open-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 in Europe. The fund primarily invests its portfolio in the financial sector.

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