JPMorgan European Discovery (LON:JEDT) Shares Up 0.3% – Still a Buy?

Shares of JPMorgan European Discovery (LON:JEDT) shot up 0.3% during mid-day trading on Thursday . The stock traded as high as GBX 641.51 and last traded at GBX 641. 110,102 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 156,141 shares. The stock had previously closed at GBX 639.

JPMorgan European Discovery Stock Performance

The firm has a market capitalization of £587.80 million, a P/E ratio of 5.55 and a beta of 0.98. The firm has a 50-day moving average of GBX 609.23 and a 200-day moving average of GBX 605.35.

JPMorgan European Discovery Company Profile

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.