JPMorgan European Growth & Income (LON:JEGI) Trading Down 0.2% – Time to Sell?

JPMorgan European Growth & Income (LON:JEGI) dropped 0.2% during mid-day trading on Thursday . The stock traded as low as GBX 99 ($1.25) and last traded at GBX 99.20 ($1.26). Approximately 215,596 shares changed hands during trading, a decline of 61% from the average daily volume of 559,846 shares. The stock had previously closed at GBX 99.40 ($1.26).

JPMorgan European Growth & Income Trading Up 0.5 %

The company has a market cap of £426.72 million, a P/E ratio of 583.53 and a beta of 0.85. The business has a fifty day simple moving average of GBX 99.35 and a 200 day simple moving average of GBX 102.54. The company has a debt-to-equity ratio of 8.34, a quick ratio of 20.49 and a current ratio of 17.01.

JPMorgan European Growth & Income Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, November 28th will be paid a dividend of GBX 1.20 ($0.02) per share. This represents a yield of 1.22%. The ex-dividend date is Thursday, November 28th. JPMorgan European Growth & Income’s dividend payout ratio (DPR) is presently 2,941.18%.

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.