JPMorgan Global Growth & Income (LON:JGGI) Trading 0.1% Higher - What's Next?

Key Points

• Shares of JPMorgan Global Growth & Income (LON:JGGI) rose 0.1% during trading, with approximately 1.74 million shares traded, marking a 24% increase from the average daily volume.
• The company reported earnings of GBX 8.27 per share in its last quarterly results, showing a return on equity of 22.97% and a high net margin of 94.75%.
• JPMorgan Global Growth & Income aims to combine predictable quarterly income distributions with long-term growth through a global portfolio focused on top total-return ideas.

Shares of JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) rose 0.1% during trading on Wednesday . The stock traded as high as GBX 577 ($7.71) and last traded at GBX 572.66 ($7.65). Approximately 1,743,711 shares were traded during trading, an increase of 24% from the average daily volume of 1,409,008 shares. The stock had previously closed at GBX 572 ($7.64).

JPMorgan Global Growth & Income Stock Up 0.1%

The company has a debt-to-equity ratio of 5.06, a current ratio of 6.67 and a quick ratio of 5.88. The stock has a market capitalization of £3.30 billion, a price-to-earnings ratio of 86.24 and a beta of 0.61. The business has a fifty day moving average of GBX 570.20 and a 200 day moving average of GBX 549.18.

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) last released its quarterly earnings results on Thursday, October 2nd. The company reported GBX 8.27 earnings per share for the quarter. JPMorgan Global Growth & Income had a return on equity of 22.97% and a net margin of 94.75%.

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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