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

JPMorgan European Growth & Income (LON:JEGI - Get Free Report) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 124 ($1.69) and last traded at GBX 124 ($1.69), with a volume of 2818447 shares. The stock had previously closed at GBX 122 ($1.66).

JPMorgan European Growth & Income Price Performance

The business's 50 day moving average is GBX 120.16 and its two-hundred day moving average is GBX 111.88. The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40. The firm has a market cap of £526.01 million, a P/E ratio of 7.49 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI - Get Free Report) last released 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.