JPMorgan European Growth & Income (LON:JEGI) Shares Up 0.4% – Should You Buy?

Shares of JPMorgan European Growth & Income (LON:JEGI) shot up 0.4% during trading on Tuesday . The company traded as high as GBX 138.50 and last traded at GBX 138.10. 754,355 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 1,568,891 shares. The stock had previously closed at GBX 137.50.

JPMorgan European Growth & Income Trading Up 0.4%

The firm has a fifty day moving average of GBX 144.45 and a 200 day moving average of GBX 137.17. The firm has a market capitalization of £583.29 million, a PE ratio of 6.43 and a beta of 0.98. The company has a debt-to-equity ratio of 7.79, a quick ratio of 20.49 and a current ratio of 70.29.

Insider Activity

In related news, insider Rita Dhut purchased 18,000 shares of the firm’s stock in a transaction dated Thursday, December 18th. The stock was acquired at an average price of GBX 137 per share, with a total value of £24,660. 0.07% of the stock is currently owned by insiders.

About JPMorgan European Growth & Income

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.