JPMorgan European Growth & Income (LON:JEGI) Reaches New 12-Month High – Still a Buy?

JPMorgan European Growth & Income (LON:JEGIGet Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 166.78 and last traded at GBX 148.40, with a volume of 350641 shares traded. The stock had previously closed at GBX 147.80.

JPMorgan European Growth & Income Price Performance

The company has a market capitalization of £627.70 million, a P/E ratio of 6.41 and a beta of 1.09. The company has a quick ratio of 20.48, a current ratio of 35.39 and a debt-to-equity ratio of 7.63. The business has a 50 day simple moving average of GBX 146.56 and a 200-day simple moving average of GBX 143.26.

JPMorgan European Growth & Income (LON:JEGIGet Free Report) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX 1.76 EPS for the quarter. The business had revenue of GBX 1,850 million during the quarter. JPMorgan European Growth & Income had a net margin of 92.53% and a return on equity of 17.34%.

About JPMorgan European Growth & Income

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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.

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