JPMorgan European Growth & Income (LON:JEGI) Sets New 52-Week High - Here's Why

Key Points

• JPMorgan European Growth & Income's share price reached a new 52-week high of GBX 129.50 ($1.75) on Tuesday, with a closing price of GBX 127.50 ($1.72).
• The company reported a net margin of 92.01% and a return on equity of 14.20% in its latest quarterly earnings, indicating strong profitability.
• With a market cap of £544.08 million and a P/E ratio of 3,664.77, the investment trust aims to provide both growth potential and dependable income for investors.

JPMorgan European Growth & Income (LON:JEGI - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 129.50 ($1.75) and last traded at GBX 127.50 ($1.72), with a volume of 929430 shares. The stock had previously closed at GBX 127.50 ($1.72).

JPMorgan European Growth & Income Trading Up 1.2%

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 company has a market cap of £544.08 million, a P/E ratio of 3,664.77 and a beta of 0.85. The firm's 50 day moving average is GBX 125.90 and its two-hundred day moving average is GBX 119.58.

JPMorgan European Growth & Income (LON:JEGI - Get Free Report) last issued its quarterly earnings data on Monday, June 23rd. The company reported GBX 2.85 earnings per share 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.

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