JPMorgan European Growth & Income (LON:JEGI) Sets New 12-Month High – Here’s Why

JPMorgan European Growth & Income (LON:JEGI) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 166.78 and last traded at GBX 148.40, with a volume of 350641 shares trading hands. The stock had previously closed at GBX 147.80.

JPMorgan European Growth & Income Stock Up 0.1%

The company has a market cap of £631.01 million, a PE ratio of 6.44 and a beta of 1.09. The company has a quick ratio of 20.48, a current ratio of 35.39 and a debt-to-equity ratio of 7.63. The firm’s fifty day simple moving average is GBX 146.62 and its 200-day simple moving average is GBX 143.31.

JPMorgan European Growth & Income (LON:JEGI) last issued its quarterly earnings data on Wednesday, June 24th. The company reported GBX 1.76 earnings per share for the quarter. JPMorgan European Growth & Income had a net margin of 92.53% and a return on equity of 17.34%. The business had revenue of GBX 1,850 million during the quarter.

JPMorgan European Growth & Income Company Profile

Income and Growth without compromise with a European heart

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.