Free Trial

JPMorgan European Growth & Income (LON:JEGI) Sets New 1-Year High - Time to Buy?

JPMorgan European Growth & Income logo with Financial Services background

Key Points

  • JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high, trading at GBX 129 ($1.75), with a trading volume of 206,906 shares.
  • The company has a significant debt-to-equity ratio of 8.40 and reported a net margin of 92.01% along with a return on equity of 14.20% in its latest quarterly earnings.
  • JPMorgan European Growth & Income aims to provide both long-term growth potential from European markets and a predictable dividend income for investors.
  • MarketBeat previews top five stocks to own in November.

JPMorgan European Growth & Income (LON:JEGI - Get Free Report) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 129 ($1.75) and last traded at GBX 127.55 ($1.74), with a volume of 206906 shares trading hands. The stock had previously closed at GBX 127.50 ($1.73).

JPMorgan European Growth & Income Price Performance

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 company has a 50-day moving average of GBX 125.59 and a 200-day moving average of GBX 119. The firm has a market capitalization of £539.86 million, a price-to-earnings ratio of 3,636.36 and a beta of 0.85.

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

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.

Featured Articles

Should You Invest $1,000 in JPMorgan European Growth & Income Right Now?

Before you consider JPMorgan European Growth & Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan European Growth & Income wasn't on the list.

While JPMorgan European Growth & Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.