JPMorgan European Discovery (LON:JEDT) Hits New 12-Month High - What's Next?

JPMorgan European Discovery (LON:JEDT - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 574 ($7.80) and last traded at GBX 573 ($7.79), with a volume of 152104 shares changing hands. The stock had previously closed at GBX 566 ($7.69).

JPMorgan European Discovery Price 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 company has a 50-day moving average price of GBX 546.81 and a 200-day moving average price of GBX 498.99. The firm has a market capitalization of £666.30 million, a PE ratio of 6.87 and a beta of 1.24.

JPMorgan European Discovery (LON:JEDT - Get Free Report) last issued its quarterly earnings data on Thursday, June 19th. The company reported GBX 12.36 ($0.17) earnings per share (EPS) for the quarter. JPMorgan European Discovery had a return on equity of 17.01% and a net margin of 90.80%.

JPMorgan European Discovery Company Profile

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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