JPMorgan European Growth & Income (LON:JEGI) Sets New 12-Month High – Time to Buy?

JPMorgan European Growth & Income (LON:JEGI)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 151 and last traded at GBX 149, with a volume of 1050548 shares traded. The stock had previously closed at GBX 149.50.

JPMorgan European Growth & Income Stock Performance

The company has a 50 day moving average of GBX 143.39 and a two-hundred day moving average of GBX 135.35. The company has a debt-to-equity ratio of 8.40, a current ratio of 6.69 and a quick ratio of 20.49. The company has a market capitalization of £629.32 million, a PE ratio of 6.94 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX 2.58 EPS for the quarter. JPMorgan European Growth & Income had a return on equity of 14.20% and a net margin of 92.01%.

Insider Buying and Selling at JPMorgan European Growth & Income

In other JPMorgan European Growth & Income news, insider Rita Dhut bought 18,000 shares of the stock in a transaction dated Thursday, December 18th. The stock was purchased at an average cost of GBX 137 per share, for a total transaction of £24,660. Corporate insiders own 0.06% of the company’s stock.

JPMorgan European Growth & Income Company Profile

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.