JPMorgan European Growth & Income (LON:JETG) Trading Down 0.5% – Should You Sell?

Shares of JPMorgan European Growth & Income plc (LON:JETGGet Free Report) dropped 0.5% during trading on Thursday . The company traded as low as GBX 363 ($4.57) and last traded at GBX 363 ($4.57). Approximately 7,932 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 35,464 shares. The stock had previously closed at GBX 365 ($4.60).

JPMorgan European Growth & Income Stock Performance

The company has a quick ratio of 72.39, a current ratio of 72.47 and a debt-to-equity ratio of 9.82. The stock has a 50 day simple moving average of GBX 363 and a 200 day simple moving average of GBX 363. The company has a market capitalization of £570.77 million and a price-to-earnings ratio of 3.34.

About JPMorgan European Growth & Income

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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.

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