JPMorgan European Growth & Income (LON:JETG) Shares Down 0.5% – Here’s Why

JPMorgan European Growth & Income plc (LON:JETG)’s share price traded down 0.5% on Thursday . The company traded as low as GBX 363 ($4.67) and last traded at GBX 363 ($4.67). 7,932 shares changed hands during trading, a decline of 78% from the average session volume of 35,464 shares. The stock had previously closed at GBX 365 ($4.70).

JPMorgan European Growth & Income Stock Down 0.5 %

The company has a current ratio of 72.47, a quick ratio of 72.39 and a debt-to-equity ratio of 9.82. The stock has a market capitalization of £570.77 million and a P/E ratio of 3.34. The stock’s 50-day moving average price is GBX 363 and its two-hundred day moving average price is GBX 363.

About JPMorgan European Growth & Income

JPMorgan European Investment Trust plc – Growth 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.