Insider Buying: JPMorgan European Discovery (LON:JEDT) Insider Purchases 6,750 Shares

JPMorgan European Discovery (LON:JEDTGet Free Report) insider Michiel Jaski purchased 6,750 shares of the stock in a transaction dated Wednesday, July 29th. The shares were acquired at an average cost of GBX 623 per share, for a total transaction of £42,052.50.

JPMorgan European Discovery Stock Performance

Shares of JEDT stock traded down GBX 0.44 during trading hours on Wednesday, reaching GBX 619.56. The company had a trading volume of 89,771 shares, compared to its average volume of 154,517. The business has a fifty day moving average price of GBX 639.85 and a 200-day moving average price of GBX 624.52. JPMorgan European Discovery has a one year low of GBX 548 and a one year high of GBX 666. The firm has a market cap of £559.82 million, a PE ratio of 5.30 and a beta of 1.37.

JPMorgan European Discovery (LON:JEDTGet Free Report) last posted its earnings results on Friday, June 19th. The company reported GBX 18.18 earnings per share for the quarter. JPMorgan European Discovery had a return on equity of 19.15% and a net margin of 100.99%.The company had revenue of GBX 2,094 million for the quarter.

About JPMorgan European Discovery

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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.

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