JPMorgan European Growth & Income (LON:JEGI) Trading 5.6% Higher – Time to Buy?

JPMorgan European Growth & Income (LON:JEGI) shares traded up 5.6% during trading on Wednesday . The stock traded as high as GBX 145 and last traded at GBX 142.60. 2,023,724 shares changed hands during trading, an increase of 10% from the average session volume of 1,841,845 shares. The stock had previously closed at GBX 135.

JPMorgan European Growth & Income Trading Up 5.6%

The firm has a 50 day simple moving average of GBX 141.02 and a 200 day simple moving average of GBX 137.76. The company has a current ratio of 70.29, a quick ratio of 20.49 and a debt-to-equity ratio of 7.79. The firm has a market capitalization of £602.29 million, a PE ratio of 6.64 and a beta of 0.70.

JPMorgan European Growth & Income Company Profile

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.