JPMorgan European Growth & Income (LON:JEGI) Hits New 52-Week High - Here's Why

JPMorgan European Growth & Income (LON:JEGI - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 120.50 ($1.60) and last traded at GBX 118.50 ($1.57), with a volume of 1702075 shares. The stock had previously closed at GBX 118.50 ($1.57).

JPMorgan European Growth & Income Stock Up 0.4%

The business has a 50-day moving average price of GBX 112.10 and a 200 day moving average price of GBX 105.92. The company has a current ratio of 6.69, a quick ratio of 20.49 and a debt-to-equity ratio of 8.40. The stock has a market capitalization of £500.56 million, a P/E ratio of 7.13 and a beta of 0.85.

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.