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JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High - Here's What Happened

JPMorgan European Growth & Income logo with Financial Services background

Key Points

  • JPMorgan European Growth & Income (LON:JEGI) shares reached a new 52-week high, trading at GBX 130 ($1.74) during mid-day trading.
  • The company boasts a market cap of £540.91 million with a price-to-earnings ratio of 3,643.47, indicating a focus on long-term growth and income potential.
  • JPMorgan European Growth & Income aims to combine **investment growth** with predictable **dividends**, offering a unique investment opportunity in European markets.
  • MarketBeat previews top five stocks to own in October.

Shares of JPMorgan European Growth & Income (LON:JEGI - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 130 ($1.74) and last traded at GBX 128.50 ($1.72), with a volume of 866596 shares trading hands. The stock had previously closed at GBX 127.50 ($1.71).

JPMorgan European Growth & Income Trading Up 0.6%

The firm has a market cap of £540.91 million, a price-to-earnings ratio of 3,643.47 and a beta of 0.85. The company has a fifty day moving average price of GBX 126.17 and a 200-day moving average price of GBX 120.05. The company has a current ratio of 6.69, a quick ratio of 20.49 and a debt-to-equity ratio of 8.40.

About JPMorgan European Growth & Income

(Get Free Report)

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.

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