JPMorgan Global Growth & Income (LON:JGGI) Shares Down 1.3% – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s share price traded down 1.3% during trading on Friday . The stock traded as low as GBX 539.60 ($6.97) and last traded at GBX 541 ($6.99). 1,444,332 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 1,412,934 shares. The stock had previously closed at GBX 548 ($7.08).

JPMorgan Global Growth & Income Stock Down 1.3 %

The company has a debt-to-equity ratio of 5.06, a current ratio of 6.67 and a quick ratio of 5.88. The stock has a market capitalization of £2.79 billion, a P/E ratio of 4.46 and a beta of 0.61. The firm has a 50-day simple moving average of GBX 582.77 and a 200 day simple moving average of GBX 576.45.

JPMorgan Global Growth & Income (LON:JGGI) last posted its earnings results on Friday, February 28th. The company reported GBX 3.36 ($0.04) EPS for the quarter. JPMorgan Global Growth & Income had a return on equity of 22.97% and a net margin of 94.75%.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today’s markets
JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:
Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.
Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.
Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.