JPMorgan European Growth & Income (LON:JEGI) Hits New 12-Month High - Here's Why

JPMorgan European Growth & Income (LON:JEGI - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 121.50 ($1.65) and last traded at GBX 120.68 ($1.64), with a volume of 820970 shares trading hands. The stock had previously closed at GBX 120 ($1.63).

JPMorgan European Growth & Income Stock Up 0.4%

The company has a debt-to-equity ratio of 8.40, a quick ratio of 20.49 and a current ratio of 6.69. The stock has a market cap of £515.41 million, a price-to-earnings ratio of 7.34 and a beta of 0.85. The business's 50 day moving average is GBX 113.95 and its 200 day moving average is GBX 107.88.

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.