JPMorgan Global Growth & Income (LON:JGGI) Hits New 12-Month High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s stock price hit a new 52-week high on Thursday . The company traded as high as GBX 585 ($7.62) and last traded at GBX 581 ($7.56), with a volume of 452165 shares traded. The stock had previously closed at GBX 580 ($7.55).

JPMorgan Global Growth & Income Stock Performance

The firm has a market cap of £2.89 billion, a PE ratio of 675.29 and a beta of 0.61. The company has a debt-to-equity ratio of 6.71, a quick ratio of 5.88 and a current ratio of 30.12. The stock has a 50-day simple moving average of GBX 559.32 and a two-hundred day simple moving average of GBX 560.33.

Insider Activity

In other JPMorgan Global Growth & Income news, insider Sarah Whitney purchased 3,882 shares of JPMorgan Global Growth & Income stock in a transaction dated Friday, October 25th. The stock was purchased at an average price of GBX 576 ($7.50) per share, with a total value of £22,360.32 ($29,107.42). Insiders own 7.92% of the company’s stock.

JPMorgan Global Growth & Income Company Profile

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.