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JPMorgan European Discovery (LON:JEDT) Hits New 12-Month High - Here's Why

JPMorgan European Discovery logo with Financial Services background

JPMorgan European Discovery (LON:JEDT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 565 ($7.65) and last traded at GBX 564.50 ($7.65), with a volume of 26208 shares. The stock had previously closed at GBX 554 ($7.51).

JPMorgan European Discovery Stock Performance

The company has a debt-to-equity ratio of 9.53, a current ratio of 56.35 and a quick ratio of 1.00. The stock has a 50-day moving average price of GBX 518.46 and a 200-day moving average price of GBX 485.36. The firm has a market capitalization of £655.27 million, a PE ratio of 6.76 and a beta of 1.24.

About JPMorgan European Discovery

(Get Free Report)

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.

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