JPMorgan European Discovery (LON:JEDT) Announces Quarterly Earnings Results

JPMorgan European Discovery (LON:JEDT) released its quarterly earnings data on Thursday. The company reported GBX 12.36 ($0.17) earnings per share for the quarter, Digital Look Earnings reports. JPMorgan European Discovery had a return on equity of 17.01% and a net margin of 90.80%.

JPMorgan European Discovery Stock Up 0.7%

Shares of LON:JEDT opened at GBX 553.95 ($7.45) on Friday. The stock’s 50-day moving average is GBX 528.50 and its 200 day moving average is GBX 488.82. The company has a market cap of £643.03 million, a PE ratio of 6.63 and a beta of 1.24. The company has a debt-to-equity ratio of 9.53, a current ratio of 56.35 and a quick ratio of 1.00. JPMorgan European Discovery has a 1 year low of GBX 432.50 ($5.82) and a 1 year high of GBX 566 ($7.61).

About JPMorgan European Discovery

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.