JPMorgan European Discovery Trust (LON:JEDT) Sets New 52-Week High at $467.50

Shares of JPMorgan European Discovery Trust plc (LON:JEDTGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 467.50 ($5.87) and last traded at GBX 464.14 ($5.83), with a volume of 22405 shares trading hands. The stock had previously closed at GBX 465.50 ($5.84).

JPMorgan European Discovery Trust Trading Up 0.4 %

The firm has a market cap of £699.75 million, a price-to-earnings ratio of 2,583.33 and a beta of 1.23. The company has a fifty day moving average price of GBX 438.08 and a 200-day moving average price of GBX 406.90. The company has a current ratio of 0.66, a quick ratio of 1.00 and a debt-to-equity ratio of 11.04.

Insider Buying and Selling

In other JPMorgan European Discovery Trust news, insider Marc van Gelder purchased 30,000 shares of JPMorgan European Discovery Trust stock in a transaction that occurred on Tuesday, March 5th. The stock was bought at an average price of GBX 443 ($5.56) per share, with a total value of £132,900 ($166,834.04). 3.03% of the stock is currently owned by insiders.

JPMorgan European Discovery Trust Company Profile

(Get Free Report)

JPMorgan European Smaller Companies Trust plc is a closed 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 of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.

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