JPMorgan European Growth & Income (LON:JEGI) Trading Down 0.5% – Time to Sell?

JPMorgan European Growth & Income (LON:JEGI)’s share price traded down 0.5% on Monday . The company traded as low as GBX 102.50 ($1.28) and last traded at GBX 105 ($1.31). 328,601 shares were traded during mid-day trading, a decline of 23% from the average session volume of 425,114 shares. The stock had previously closed at GBX 105.50 ($1.31).

JPMorgan European Growth & Income Trading Down 0.5 %

The company’s fifty day moving average is GBX 99.65 and its 200-day moving average is GBX 101.28. 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 firm has a market capitalization of £449.32 million, a P/E ratio of 617.65 and a beta of 0.85.

JPMorgan European Growth & Income (LON:JEGI) last released its quarterly earnings results on Wednesday, November 27th. The company reported GBX 2.07 ($0.03) earnings per share (EPS) for the quarter. JPMorgan European Growth & Income had a net margin of 93.04% and a return on equity of 15.32%.

JPMorgan European Growth & Income Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, November 28th were given a GBX 1.20 ($0.01) dividend. This represents a yield of 1.22%. The ex-dividend date of this dividend was Thursday, November 28th. JPMorgan European Growth & Income’s dividend payout ratio is currently 2,941.18%.

About JPMorgan European Growth & Income

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.