JPMorgan European Growth & Income (LON:JEGI) Hits New 52-Week High – Should You Buy?

Shares of JPMorgan European Growth & Income (LON:JEGI) hit a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 139.50 and last traded at GBX 139.14, with a volume of 268421 shares traded. The stock had previously closed at GBX 138.

JPMorgan European Growth & Income Stock Down 0.1%

The company has a quick ratio of 20.49, a current ratio of 6.69 and a debt-to-equity ratio of 8.40. The company has a market capitalization of £581.63 million, a PE ratio of 6.42 and a beta of 0.85. The stock has a 50-day moving average of GBX 134.46 and a 200 day moving average of GBX 128.53.

JPMorgan European Growth & Income (LON:JEGI) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX 2.58 earnings per share (EPS) for the quarter. JPMorgan European Growth & Income had a return on equity of 14.20% and a net margin of 92.01%.

Insider Buying and Selling at JPMorgan European Growth & Income

In other news, insider Rita Dhut purchased 18,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The shares were purchased at an average price of GBX 137 per share, with a total value of £24,660. 0.06% of the stock is currently owned by corporate insiders.

About JPMorgan European Growth & Income

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.