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

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.

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

JPMorgan European Growth & Income Price Performance

The company has a market cap of £537.75 million, a price-to-earnings ratio of 3,622.16 and a beta of 0.85. 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 company's 50 day moving average price is GBX 125.50 and its 200 day moving average price is GBX 118.81.

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

About JPMorgan European Growth & Income

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.