JPMorgan European Discovery (LON:JEDT) Reaches New 12-Month High – Time to Buy?

JPMorgan European Discovery (LON:JEDTGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as GBX 565 ($7.65) and last traded at GBX 564.50 ($7.65), with a volume of 26208 shares trading hands. The stock had previously closed at GBX 554 ($7.51).

JPMorgan European Discovery Trading Up 1.9%

The firm has a market capitalization of £655.27 million, a P/E ratio of 6.76 and a beta of 1.24. The business’s 50 day moving average is GBX 518.46 and its two-hundred day moving average is GBX 485.36. The company has a quick ratio of 1.00, a current ratio of 56.35 and a debt-to-equity ratio of 9.53.

About JPMorgan European Discovery

(Get Free Report)

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.

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