JPMorgan European Discovery (LON:JEDT) Reaches New 52-Week High – What’s Next?

JPMorgan European Discovery (LON:JEDT) reached a new 52-week high on Monday . The company traded as high as GBX 613.62 and last traded at GBX 612.90, with a volume of 6469 shares changing hands. The stock had previously closed at GBX 612.

JPMorgan European Discovery Stock Performance

The company has a current ratio of 56.35, a quick ratio of 1.00 and a debt-to-equity ratio of 9.53. The firm has a market capitalization of £575.02 million, a price-to-earnings ratio of 5.31 and a beta of 1.24. The stock has a fifty day moving average price of GBX 583.54 and a 200-day moving average price of GBX 578.74.

JPMorgan European Discovery (LON:JEDT) last announced its quarterly earnings results on Monday, December 1st. The company reported GBX 15.60 earnings per share for the quarter. JPMorgan European Discovery had a return on equity of 17.01% and a net margin of 90.80%.

JPMorgan European Discovery Company Profile

JPMorgan European Smaller Companies Trust plc is a closed 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 of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth and value stocks of small cap companies. The fund benchmarks the performance of its portfolio against the Euromoney Smaller European Companies (ex UK) Total Return Index.