JPMorgan European Discovery (LON:JEDT) Stock Price Up 0.2% – Time to Buy?

Shares of JPMorgan European Discovery (LON:JEDT) rose 0.2% during trading on Tuesday . The company traded as high as GBX 598 and last traded at GBX 587. Approximately 332,119 shares were traded during mid-day trading, an increase of 130% from the average daily volume of 144,183 shares. The stock had previously closed at GBX 586.

JPMorgan European Discovery Stock Up 0.2%

The stock has a 50 day simple moving average of GBX 610.11 and a 200 day simple moving average of GBX 594.54. The company has a market capitalization of £542.00 million, a price-to-earnings ratio of 5.08 and a beta of 1.37.

About JPMorgan European Discovery

Uncovering Europe’s hidden gems

Unearth the European companies set to redefine the world: Investing in Europe’s smaller companies provides an opportunity to invest in young, dynamic businesses at the heart of global innovation – including companies with great ideas in established sectors, like retail, finance, consumer durables and engineering. Whilst past performance doesn’t guarantee future results, Europe’s small and mid-cap companies have produced some of the best stock market returns of the past 25 years¹ .

The passion, people and resources to find opportunities first: JPMorgan European Discovery Trust looks to capture this potential by bringing together around 75 of the very best ideas we can find across Europe’s small and mid-cap universe.

Passionate about knowing companies in-depth, our small and mid-cap team conduct over 300 meetings and site visits a year.