JPMorgan European Growth & Income (LON:JETG) Shares Down 0.5% – Here’s What Happened

JPMorgan European Growth & Income plc (LON:JETG) was down 0.5% during mid-day trading on Thursday . The stock traded as low as GBX 363 ($4.67) and last traded at GBX 363 ($4.67). Approximately 7,932 shares traded hands 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 ($4.70).

JPMorgan European Growth & Income Stock Performance

The company’s fifty day simple moving average is GBX 363 and its 200 day simple moving average is GBX 363. The stock has a market capitalization of £570.77 million and a P/E ratio of 3.34. The company has a current ratio of 72.47, a quick ratio of 72.39 and a debt-to-equity ratio of 9.82.

About JPMorgan European Growth & Income

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.