JPMorgan Global Growth & Income (LON:JGGI) Hits New 52-Week High – Here’s Why

JPMorgan Global Growth & Income (LON:JGGI)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 613 and last traded at GBX 610, with a volume of 754904 shares traded. The stock had previously closed at GBX 607.10.

JPMorgan Global Growth & Income Stock Performance

The company has a quick ratio of 5.88, a current ratio of 1.10 and a debt-to-equity ratio of 4.83. The firm has a 50-day simple moving average of GBX 590.52 and a 200 day simple moving average of GBX 577.05. The company has a market cap of £3.33 billion, a price-to-earnings ratio of 14.60 and a beta of 0.79.

JPMorgan Global Growth & Income (LON:JGGI) last posted its quarterly earnings data on Thursday, March 19th. The company reported GBX 3.63 earnings per share for the quarter. JPMorgan Global Growth & Income had a return on equity of 7.63% and a net margin of 91.40%.

JPMorgan Global Growth & Income Company Profile

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.