JPMorgan European Growth & Income (LON:JEGI) Stock Jumps 0.7% – Still a Buy?

JPMorgan European Growth & Income (LON:JEGI)’s share price rose 0.7% during mid-day trading on Monday. The company traded as high as GBX 132.80 and last traded at GBX 132.20. 15,128,552 shares changed hands during trading, an increase of 825% from the average session volume of 1,634,856 shares. The stock had previously closed at GBX 131.31.

JPMorgan European Growth & Income Price Performance

The company has a debt-to-equity ratio of 7.63, a current ratio of 35.39 and a quick ratio of 20.48. The company’s 50-day simple moving average is GBX 140.95 and its 200 day simple moving average is GBX 142.98. The firm has a market cap of £801.76 million, a P/E ratio of 5.78 and a beta of 1.06.

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.