JPMorgan European Growth & Income (LON:JEGI) Stock Price Down 1.2% - Here's Why

Key Points

• JPMorgan European Growth & Income's stock price declined by 1.2% to GBX 124 ($1.64), with a trading volume down 18% from average levels.
• The company reported earnings per share of GBX 2.85 ($0.04) for the last quarter, with a return on equity of 14.20% and a net margin of 92.01%.
• JPMorgan European Growth & Income aims to combine capital growth and predictable dividends, appealing to both growth-oriented and income-seeking investors.

Shares of JPMorgan European Growth & Income (LON:JEGI - Get Free Report) were down 1.2% during mid-day trading on Wednesday . The company traded as low as GBX 124 ($1.65) and last traded at GBX 124 ($1.65). Approximately 1,166,557 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 1,423,572 shares. The stock had previously closed at GBX 125.50 ($1.67).

JPMorgan European Growth & Income Trading Down 1.6%

The business has a 50 day simple moving average of GBX 122.33 and a two-hundred day simple moving average of GBX 114.97. 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 stock has a market cap of £519.83 million, a price-to-earnings ratio of 7.40 and a beta of 0.85.

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 ($0.04) 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

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.