JPMorgan European Discovery (LON:JEDT) Stock Price Up 0.3% - Still a Buy?

JPMorgan European Discovery (LON:JEDT - Get Free Report)'s stock price traded up 0.3% during trading on Friday . The stock traded as high as GBX 441.50 ($5.53) and last traded at GBX 439.50 ($5.51). 374,867 shares were traded during mid-day trading, a decline of 60% from the average session volume of 934,297 shares. The stock had previously closed at GBX 438 ($5.49).

JPMorgan European Discovery Stock Up 0.3 %

The firm has a 50 day simple moving average of GBX 458.87 and a two-hundred day simple moving average of GBX 462.83. The stock has a market cap of £526.83 million, a P/E ratio of 1,690.38 and a beta of 1.24. The company has a debt-to-equity ratio of 9.50, a quick ratio of 1.00 and a current ratio of 6.01.

Insider Activity

In other JPMorgan European Discovery news, insider James Will purchased 10,000 shares of the company's stock in a transaction that occurred on Thursday, September 5th. The shares were purchased at an average cost of GBX 447 ($5.60) per share, with a total value of £44,700 ($56,036.10). Insiders own 3.56% of the company's stock.

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.