JPMorgan European Growth & Income (LON:JEGI) Reaches New 12-Month High – Still a Buy?

Shares of JPMorgan European Growth & Income (LON:JEGI) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 166.78 and last traded at GBX 148.40, with a volume of 350641 shares changing hands. The stock had previously closed at GBX 147.80.

JPMorgan European Growth & Income Stock Performance

The stock’s 50-day moving average price is GBX 146.56 and its 200-day moving average price is GBX 143.26. The company has a current ratio of 35.39, a quick ratio of 20.48 and a debt-to-equity ratio of 7.63. The company has a market capitalization of £627.70 million, a P/E ratio of 6.41 and a beta of 1.09.

JPMorgan European Growth & Income (LON:JEGI) last announced its quarterly earnings data on Wednesday, June 24th. The company reported GBX 1.76 earnings per share for the quarter. The business had revenue of GBX 1,850 million during the quarter. JPMorgan European Growth & Income had a net margin of 92.53% and a return on equity of 17.34%.

JPMorgan European Growth & Income Company Profile

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.