Jpmorgan Global Growth & Income (LON:JPGI) Trading Down 2.9% – Should You Sell?

Jpmorgan Global Growth & Income PLC (LON:JPGI) shares fell 2.9% on Friday . The company traded as low as GBX 338 ($4.27) and last traded at GBX 340 ($4.29). 573,564 shares were traded during mid-day trading, an increase of 188% from the average session volume of 198,904 shares. The stock had previously closed at GBX 350 ($4.42).

Jpmorgan Global Growth & Income Stock Down 2.9 %

The company has a debt-to-equity ratio of 6.41, a quick ratio of 20.90 and a current ratio of 21.68. The stock’s 50 day moving average price is GBX 340 and its 200-day moving average price is GBX 340. The company has a market cap of £472.52 million and a PE ratio of 5.01.

About Jpmorgan Global Growth & Income

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.