JPMorgan Global Growth & Income (LON:JGGI) Hits New 1-Year High - Should You Buy?

Shares of JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 614 ($7.61) and last traded at GBX 608 ($7.53), with a volume of 77290 shares trading hands. The stock had previously closed at GBX 609 ($7.55).

JPMorgan Global Growth & Income Trading Up 0.5 %

The company has a debt-to-equity ratio of 6.71, a quick ratio of 5.88 and a current ratio of 30.12. The company has a market cap of £2.99 billion, a P/E ratio of 696.55 and a beta of 0.61. The stock has a 50-day moving average of GBX 592.76 and a two-hundred day moving average of GBX 574.30.

JPMorgan Global Growth & Income Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, January 6th. Shareholders of record on Thursday, November 21st were issued a GBX 5.70 ($0.07) dividend. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend was Thursday, November 21st. JPMorgan Global Growth & Income's payout ratio is 2,643.68%.

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.