JPMorgan European Growth & Income (LON:JEGI) Stock Price Up 0.8% – Here’s Why

JPMorgan European Growth & Income (LON:JEGI) rose 0.8% during mid-day trading on Monday . The stock traded as high as GBX 149.60 and last traded at GBX 147.40. Approximately 1,448,289 shares traded hands during trading, a decline of 16% from the average daily volume of 1,715,902 shares. The stock had previously closed at GBX 146.20.

JPMorgan European Growth & Income Stock Performance

The firm has a market capitalization of £631.01 million, a P/E ratio of 6.96 and a beta of 1.09. The company’s 50 day moving average is GBX 142.55 and its 200-day moving average is GBX 141.23. The company has a quick ratio of 20.49, a current ratio of 70.29 and a debt-to-equity ratio of 7.79.

About JPMorgan European Growth & Income

Income and Growth without compromise with a European heart

Attractive capital growth and a dependable income require a solid foundation

JPMorgan European Growth & Income plc is an innovative investment trust offering the best of both worlds from a single share class structure. The Company allows growth-oriented investors to participate in the attractive long-term growth potential of European stock markets while also aiming to deliver a predictable dividend to income seekers.

Key points:

Expertise – Benefits from portfolio managers with long-standing experience investing in European markets, backed by the full strength and depth of J.P.