JPMorgan European Discovery (LON:JEDT) Hits New 1-Year High – What’s Next?

JPMorgan European Discovery (LON:JEDT) shares reached a new 52-week high on Tuesday . The stock traded as high as GBX 498 ($6.46) and last traded at GBX 493 ($6.39), with a volume of 635457 shares trading hands. The stock had previously closed at GBX 495.77 ($6.43).

JPMorgan European Discovery Stock Down 0.3 %

The company has a market capitalization of £568.79 million, a PE ratio of 5.87 and a beta of 1.24. The company’s 50 day moving average is GBX 470.24 and its two-hundred day moving average is GBX 458.83. The company has a quick ratio of 1.00, a current ratio of 56.35 and a debt-to-equity ratio of 9.53.

JPMorgan European Discovery (LON:JEDT) last posted its earnings results on Monday, December 9th. The company reported GBX 10.72 ($0.14) earnings per share for the quarter. JPMorgan European Discovery had a net margin of 90.80% and a return on equity of 17.01%.

JPMorgan European Discovery Company Profile

JPMorgan European Smaller Companies Trust plc is a closed 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 of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.