JPMorgan European Growth & Income (LON:JEGI) Stock Price Down 0.4% - Here's What Happened

Key Points

• JPMorgan European Growth & Income (LON:JEGI) shares fell by 0.4%, closing at GBX 127 ($1.70) after trading as low as GBX 126.50 ($1.70) with a significant drop in trading volume.
• The company reported earnings of GBX 2.85 per share, with a return on equity of 14.20% and a net margin of 92.01%.
• JPMorgan European Growth & Income aims to provide both long-term growth potential and predictable income for investors through a solid foundation supported by experienced portfolio managers.

Shares of JPMorgan European Growth & Income (LON:JEGI - Get Free Report) fell 0.4% on Thursday . The company traded as low as GBX 126.50 ($1.70) and last traded at GBX 127 ($1.70). 980,098 shares changed hands during mid-day trading, a decline of 30% from the average session volume of 1,410,131 shares. The stock had previously closed at GBX 127.50 ($1.71).

JPMorgan European Growth & Income Stock Down 0.4%

The company has a debt-to-equity ratio of 8.40, a current ratio of 6.69 and a quick ratio of 20.49. The stock has a fifty day moving average price of GBX 123.54 and a two-hundred day moving average price of GBX 116.80. The company has a market cap of £538.74 million, a P/E ratio of 7.67 and a beta of 0.85.

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

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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