JPMorgan Global Growth & Income (LON:JGGI) Trading 0.6% Higher - Still a Buy?

Shares of JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) were up 0.6% during mid-day trading on Tuesday . The stock traded as high as GBX 540.06 ($7.35) and last traded at GBX 535 ($7.28). Approximately 1,110,687 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 1,428,899 shares. The stock had previously closed at GBX 532 ($7.24).

JPMorgan Global Growth & Income Trading Down 0.4%

The company has a market capitalization of £2.77 billion, a P/E ratio of 4.43 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. The firm has a fifty day moving average price of GBX 523.92 and a 200-day moving average price of GBX 559.43.

Insider Activity

In other news, insider Jane Lewis acquired 1,113 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were acquired at an average price of GBX 532 ($7.24) per share, for a total transaction of £5,921.16 ($8,061.48). Also, insider Rakesh Thakrar acquired 3,610 shares of the company's stock in a transaction that occurred on Tuesday, March 25th. The stock was purchased at an average price of GBX 551 ($7.50) per share, for a total transaction of £19,891.10 ($27,081.14). Insiders acquired a total of 27,390 shares of company stock valued at $14,560,192 over the last three months. Corporate 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.