JPMorgan European Discovery (LON:JEDT) Sets New 1-Year High – Here’s What Happened

Shares of JPMorgan European Discovery (LON:JEDT) hit a new 52-week high on Wednesday . The stock traded as high as GBX 630 and last traded at GBX 630, with a volume of 91000 shares trading hands. The stock had previously closed at GBX 620.

JPMorgan European Discovery Trading Up 0.4%

The company has a quick ratio of 1.00, a current ratio of 56.35 and a debt-to-equity ratio of 9.53. The stock has a market capitalization of £588.73 million, a P/E ratio of 5.44 and a beta of 1.24. The firm’s 50-day simple moving average is GBX 595.30 and its 200 day simple moving average is GBX 583.38.

JPMorgan European Discovery (LON:JEDT) last announced its quarterly earnings data on Monday, December 1st. The company reported GBX 15.60 earnings per share (EPS) for the quarter. JPMorgan European Discovery had a net margin of 90.80% and a return on equity of 17.01%.

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. It primarily invests in growth and value stocks of small cap companies. The fund benchmarks the performance of its portfolio against the Euromoney Smaller European Companies (ex UK) Total Return Index.