JPMorgan Global Growth & Income (LON:JGGI) Issues Earnings Results

JPMorgan Global Growth & Income (LON:JGGI) issued its quarterly earnings results on Thursday. The company reported GBX 3.63 EPS for the quarter, Digital Look Earnings reports. JPMorgan Global Growth & Income had a net margin of 61.09% and a return on equity of 1.11%.

JPMorgan Global Growth & Income Stock Down 2.3%

Shares of LON JGGI traded down GBX 13 during mid-day trading on Thursday, hitting GBX 548. The company had a trading volume of 926,311 shares, compared to its average volume of 2,071,578. The company has a debt-to-equity ratio of 5.00, a current ratio of 6.34 and a quick ratio of 5.88. The company has a market capitalization of £3.03 billion, a PE ratio of 82.53 and a beta of 0.77. The business’s 50-day simple moving average is GBX 576.07 and its 200 day simple moving average is GBX 572.63. JPMorgan Global Growth & Income has a 1-year low of GBX 441.50 and a 1-year high of GBX 591.

About JPMorgan Global Growth & Income

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.