JPMorgan European Discovery (LON:JEDT) Insider Buys 6,750 Shares

JPMorgan European Discovery (LON:JEDT) insider Michiel Jaski acquired 6,750 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was purchased at an average price of GBX 623 per share, with a total value of £42,052.50.

JPMorgan European Discovery Trading Down 0.1%

Shares of JEDT stock traded down GBX 0.44 during trading hours on Wednesday, hitting GBX 619.56. 89,771 shares of the company’s stock were exchanged, compared to its average volume of 154,517. The company has a market capitalization of £559.82 million, a PE ratio of 5.30 and a beta of 1.37. JPMorgan European Discovery has a 12-month low of GBX 548 and a 12-month high of GBX 666. The business’s 50 day simple moving average is GBX 639.85 and its 200-day simple moving average is GBX 624.52.

JPMorgan European Discovery (LON:JEDT) last released its earnings results on Friday, June 19th. The company reported GBX 18.18 earnings per share for the quarter. JPMorgan European Discovery had a return on equity of 19.15% and a net margin of 100.99%.The company had revenue of GBX 2,094 million during the quarter.

About JPMorgan European Discovery

Uncovering Europe’s hidden gems

Unearth the European companies set to redefine the world: Investing in Europe’s smaller companies provides an opportunity to invest in young, dynamic businesses at the heart of global innovation – including companies with great ideas in established sectors, like retail, finance, consumer durables and engineering. Whilst past performance doesn’t guarantee future results, Europe’s small and mid-cap companies have produced some of the best stock market returns of the past 25 years¹ .

The passion, people and resources to find opportunities first: JPMorgan European Discovery Trust looks to capture this potential by bringing together around 75 of the very best ideas we can find across Europe’s small and mid-cap universe.

Passionate about knowing companies in-depth, our small and mid-cap team conduct over 300 meetings and site visits a year.