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JPMorgan European Discovery (LON:JEDT) Reaches New 1-Year High - Here's Why

JPMorgan European Discovery logo with Financial Services background

JPMorgan European Discovery (LON:JEDT - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 562 ($7.63) and last traded at GBX 562 ($7.63), with a volume of 131306 shares trading hands. The stock had previously closed at GBX 555 ($7.54).

JPMorgan European Discovery Stock Performance

The company has a debt-to-equity ratio of 9.53, a quick ratio of 1.00 and a current ratio of 56.35. The firm's 50 day simple moving average is GBX 507.38 and its 200 day simple moving average is GBX 479.74. The firm has a market capitalization of £649.74 million, a price-to-earnings ratio of 6.70 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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