JPMorgan Global Growth & Income (LON:JGGI) Stock Price Up 1.2% - Should You Buy?

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report)'s share price was up 1.2% on Thursday . The company traded as high as GBX 573 ($7.70) and last traded at GBX 572 ($7.69). Approximately 703,887 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 1,350,156 shares. The stock had previously closed at GBX 565 ($7.59).

JPMorgan Global Growth & Income Stock Performance

The business's fifty day moving average price is GBX 544.21 and its 200 day moving average price is GBX 551.02. The company has a market cap of £2.95 billion, a price-to-earnings ratio of 4.71 and a beta of 0.61. The company has a debt-to-equity ratio of 5.06, a current ratio of 6.67 and a quick ratio of 5.88.

Insider Buying and Selling at JPMorgan Global Growth & Income

In related news, insider Sarah Whitney purchased 4,686 shares of the firm's stock in a transaction on Thursday, June 5th. The stock was purchased at an average cost of GBX 533 ($7.16) per share, with a total value of £24,976.38 ($33,565.89). Also, insider Jane Lewis purchased 1,113 shares of the firm's stock in a transaction on Wednesday, June 4th. The stock was bought at an average cost of GBX 532 ($7.15) per share, with a total value of £5,921.16 ($7,957.48). Over the last ninety days, insiders acquired 23,780 shares of company stock valued at $12,571,082. Insiders own 7.92% of the company's stock.

JPMorgan Global Growth & Income Company Profile

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.