JPMorgan European Growth & Income (LON:JEGI) Shares Up 2.4%

JPMorgan European Growth & Income plc (LON:JEGI) shares were up 2.4% during trading on Tuesday . The company traded as high as GBX 107 ($1.34) and last traded at GBX 106.50 ($1.34). Approximately 775,056 shares traded hands during mid-day trading, an increase of 55% from the average daily volume of 499,431 shares. The stock had previously closed at GBX 104 ($1.31).

JPMorgan European Growth & Income Stock Up 1.2 %

The company has a market capitalization of £463.02 million, a price-to-earnings ratio of 591.67 and a beta of 0.87. The firm’s 50 day moving average price is GBX 103.23 and its two-hundred day moving average price is GBX 98.31. The company has a current ratio of 60.68, a quick ratio of 20.49 and a debt-to-equity ratio of 9.73.

Insider Transactions at JPMorgan European Growth & Income

In other news, insider Andrew Robson acquired 25,000 shares of the stock in a transaction dated Thursday, February 8th. The shares were bought at an average cost of GBX 99 ($1.24) per share, for a total transaction of £24,750 ($31,092.96). 2.35% of the stock is owned by company insiders.

JPMorgan European Growth & Income Company Profile

JPMorgan European Growth & Income plc – Ordinary Shares is an open-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets in Europe. The fund primarily invests its portfolio in the financial sector.