JPMorgan Global Growth & Income (LON:JGGI) Hits New 1-Year Low - Here's What Happened

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as GBX 509.57 ($6.49) and last traded at GBX 514.55 ($6.55), with a volume of 637518 shares. The stock had previously closed at GBX 532 ($6.77).

JPMorgan Global Growth & Income Stock Performance

The company has a current ratio of 6.67, a quick ratio of 5.88 and a debt-to-equity ratio of 5.06. The stock's 50 day moving average is GBX 566.71 and its 200 day moving average is GBX 575.48. The stock has a market capitalization of £2.55 billion, a price-to-earnings ratio of 4.08 and a beta of 0.61.

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The company reported GBX 3.36 ($0.04) earnings per share (EPS) for the quarter. JPMorgan Global Growth & Income had a return on equity of 22.97% and a net margin of 94.75%.

Insider Buying and Selling at JPMorgan Global Growth & Income

In other JPMorgan Global Growth & Income news, insider Rakesh Thakrar bought 3,610 shares of the business's stock in a transaction dated Tuesday, March 25th. The shares were acquired at an average price of GBX 551 ($7.01) per share, with a total value of £19,891.10 ($25,319.63). 7.92% of the stock is owned by company insiders.

About JPMorgan Global Growth & Income

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.