JPMorgan European Growth & Income (LON:JEGI) Stock Price Up 0.5% – Should You Buy?

by · The Cerbat Gem

JPMorgan European Growth & Income (LON:JEGI – Get Free Report)’s share price traded up 0.5% during trading on Tuesday . The company traded as high as GBX 101.50 ($1.33) and last traded at GBX 101 ($1.32). 540,781 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 532,002 shares. The stock had previously closed at GBX 100.50 ($1.32).

JPMorgan European Growth & Income Stock Performance

The firm’s 50-day simple moving average is GBX 102.10 and its two-hundred day simple moving average is GBX 104.35. The company has a current ratio of 17.01, a quick ratio of 20.49 and a debt-to-equity ratio of 8.34. The stock has a market capitalization of £430.06 million, a PE ratio of 591.18 and a beta of 0.85.

JPMorgan European Growth & Income Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, September 26th will be given a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 26th. This represents a dividend yield of 1.17%. JPMorgan European Growth & Income’s dividend payout ratio (DPR) is presently 2,941.18%.

JPMorgan European Growth & Income Company Profile

(Get Free Report)

JPMorgan European Growth & Income plc – Ordinary Shares is an open-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 in Europe. The fund primarily invests its portfolio in the financial sector.

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