JPMorgan European Discovery Trust (LON:JEDT) Hits New 1-Year High at $470.00

JPMorgan European Discovery Trust plc (LON:JEDT)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 470 ($5.95) and last traded at GBX 470 ($5.95), with a volume of 94916 shares changing hands. The stock had previously closed at GBX 466.50 ($5.90).

JPMorgan European Discovery Trust Trading Up 0.2 %

The firm has a market cap of £700.29 million, a price-to-earnings ratio of 2,591.67 and a beta of 1.23. The business has a 50 day moving average of GBX 441.94 and a 200 day moving average of GBX 409.67. The company has a quick ratio of 1.00, a current ratio of 0.66 and a debt-to-equity ratio of 11.04.

Insider Activity

In other JPMorgan European Discovery Trust news, insider Marc van Gelder purchased 30,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was bought at an average price of GBX 443 ($5.61) per share, for a total transaction of £132,900 ($168,206.56). Company insiders own 3.03% of the company’s stock.

JPMorgan European Discovery Trust Company Profile

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.