JPMorgan European Discovery (LON:JEDT) Sets New 12-Month High – Here’s What Happened

JPMorgan European Discovery (LON:JEDT)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 640 and last traded at GBX 640, with a volume of 18769 shares traded. The stock had previously closed at GBX 635.

JPMorgan European Discovery Stock Up 0.8%

The company has a current ratio of 56.35, a quick ratio of 1.00 and a debt-to-equity ratio of 9.53. The firm has a market capitalization of £599.37 million, a price-to-earnings ratio of 5.53 and a beta of 1.24. The firm has a 50 day moving average price of GBX 608.42 and a two-hundred day moving average price of GBX 587.33.

JPMorgan European Discovery (LON:JEDT) last released 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.