JPMorgan European Growth & Income (LON:JEGI) Trading Down 0.5%

Shares of JPMorgan European Growth & Income (LON:JEGI) traded down 0.5% on Monday . The company traded as low as GBX 103 ($1.28) and last traded at GBX 103.50 ($1.29). 806,376 shares were traded during trading, an increase of 92% from the average session volume of 419,693 shares. The stock had previously closed at GBX 104 ($1.29).

JPMorgan European Growth & Income Trading Down 0.5 %

The business has a 50 day moving average of GBX 101.84 and a two-hundred day moving average of GBX 96.81. The firm has a market cap of £444.71 million, a P/E ratio of 575.00 and a beta of 0.87. The company has a current ratio of 60.68, a quick ratio of 20.49 and a debt-to-equity ratio of 9.73.

JPMorgan European Growth & Income Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Thursday, February 15th were given a GBX 1.05 ($0.01) dividend. This represents a dividend yield of 1.07%. The ex-dividend date of this dividend was Thursday, February 15th. JPMorgan European Growth & Income’s payout ratio is presently 2,222.22%.

Insider Buying and Selling

In other news, insider Andrew Robson purchased 25,000 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was acquired at an average cost of GBX 99 ($1.23) per share, with a total value of £24,750 ($30,810.41). 2.35% of the stock is currently owned by insiders.

JPMorgan European Growth & Income Company Profile

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.