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JPMorgan Global Growth & Income (LON:JGGI) Stock Price Down 0.4% - Time to Sell?

JPMorgan Global Growth & Income logo with Financial Services background

Key Points

  • Shares of JPMorgan Global Growth & Income fell by 0.4% to close at GBX 560.62 ($7.59), with trading volume down 8% from average levels.
  • The company's financial metrics show a market capitalization of £3.25 billion, a salary of a high P/E ratio of 570.14, and a low beta of 0.61.
  • JPMorgan Global Growth & Income aims to provide a mix of quarterly income distributions and long-term growth by leveraging its global research team's insights.
  • MarketBeat previews the top five stocks to own by October 1st.

Shares of JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) traded down 0.4% on Monday . The stock traded as low as GBX 558 ($7.56) and last traded at GBX 560.62 ($7.59). 1,248,486 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 1,359,628 shares. The stock had previously closed at GBX 563.06 ($7.63).

JPMorgan Global Growth & Income Stock Performance

The company has a 50-day moving average price of GBX 565.18 and a two-hundred day moving average price of GBX 544.10. The company has a current ratio of 6.67, a quick ratio of 5.88 and a debt-to-equity ratio of 5.06. The stock has a market capitalization of £3.25 billion, a P/E ratio of 570.14 and a beta of 0.61.

JPMorgan Global Growth & Income Company Profile

(Get Free Report)

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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