JPMorgan European Smaller Companies Trust (LON:JESC) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of JPMorgan European Smaller Companies Trust plc (LON:JESC) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 499 ($6.47) and traded as high as GBX 509 ($6.60). JPMorgan European Smaller Companies Trust shares last traded at GBX 499 ($6.47), with a volume of 179,129 shares traded.

JPMorgan European Smaller Companies Trust Trading Down 1.0 %

The firm has a market cap of £795.72 million and a P/E ratio of 7.60. The company has a quick ratio of 107.92, a current ratio of 107.92 and a debt-to-equity ratio of 10.72. The firm’s 50-day simple moving average is GBX 499 and its 200 day simple moving average is GBX 499.

About JPMorgan European Smaller Companies Trust

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.