JPMorgan European Growth & Income (LON:JEGI) Shares Down 0.2% - Here's What Happened

Shares of JPMorgan European Growth & Income (LON:JEGI - Get Free Report) fell 0.2% on Thursday . The stock traded as low as GBX 99 ($1.25) and last traded at GBX 99.20 ($1.25). 215,596 shares traded hands during trading, a decline of 61% from the average session volume of 559,846 shares. The stock had previously closed at GBX 99.40 ($1.25).

JPMorgan European Growth & Income Stock Up 0.8 %

The firm has a market capitalization of £427.92 million, a price-to-earnings ratio of 588.24 and a beta of 0.85. The company has a quick ratio of 20.49, a current ratio of 17.01 and a debt-to-equity ratio of 8.34. The company's 50 day moving average price is GBX 99.34 and its 200 day moving average price is GBX 102.48.

JPMorgan European Growth & Income Announces Dividend

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

About JPMorgan European Growth & Income

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.