JPMorgan European Growth & Income (LON:JEGI) Sets New 52-Week High - Time to Buy?

Shares of JPMorgan European Growth & Income (LON:JEGI - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 124 ($1.70) and last traded at GBX 122 ($1.68), with a volume of 742957 shares changing hands. The stock had previously closed at GBX 122 ($1.68).

JPMorgan European Growth & Income Price Performance

The company has a 50 day simple moving average of GBX 119.08 and a 200 day simple moving average of GBX 110.97. The company has a market capitalization of £511.17 million, a price-to-earnings ratio of 7.28 and a beta of 0.85. The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40.

JPMorgan European Growth & Income (LON:JEGI - Get Free Report) last posted its earnings results on Monday, June 23rd. The company reported GBX 2.85 ($0.04) earnings per share (EPS) for the quarter. JPMorgan European Growth & Income had a net margin of 92.01% and a return on equity of 14.20%.

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.