JPMorgan Global Growth & Income (LON:JGGI) Posts Quarterly Earnings Results

Key Points

• JPMorgan Global Growth & Income reported earnings of GBX 8.27 per share for the quarter, highlighting a strong net margin of 94.75% and a return on equity of 22.97%.
• The company's stock has increased by 0.7% and has a market cap of £3.34 billion, with a price-to-earnings ratio of 585.78.
• JPMorgan Global Growth & Income offers a unique strategy by combining predictable quarterly income with exposure to high-potential global investments.

JPMorgan Global Growth & Income (LON:JGGI - ) issued its earnings results on Thursday. The company reported GBX 8.27 earnings per share for the quarter, Digital Look Earnings reports. JPMorgan Global Growth & Income had a net margin of 94.75% and a return on equity of 22.97%.

JPMorgan Global Growth & Income Stock Up 0.7%

Shares of LON:JGGI opened at GBX 576 on Thursday. The company has a market cap of £3.34 billion, a price-to-earnings ratio of 585.78 and a beta of 0.61. The firm's 50-day simple moving average is GBX 569.47 and its 200-day simple moving average is GBX 545.27. The company has a quick ratio of 5.88, a current ratio of 6.67 and a debt-to-equity ratio of 5.06. JPMorgan Global Growth & Income has a fifty-two week low of GBX 441.50 and a fifty-two week high of GBX 614.

About JPMorgan Global Growth & Income

A distinctive strategy for today's markets JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world's stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year. Key points: Expertise - Tapping into the local proprietary analysis of JPMorgan's award winning and experienced global research team. Portfolio - A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns. Results - Provides the best of both worlds - predictable quarterly income and long-term growth from the best global ideas.

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