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JPMorgan Global Growth & Income (LON:JGGI) Reaches New 12-Month High - What's Next?

JPMorgan Global Growth & Income logo with Financial Services background

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The company traded as high as GBX 593 ($7.63) and last traded at GBX 590 ($7.59), with a volume of 2032058 shares. The stock had previously closed at GBX 589 ($7.58).

JPMorgan Global Growth & Income Stock Up 0.2 %

The stock has a market capitalization of £2.91 billion, a P/E ratio of 678.70 and a beta of 0.61. The company has a debt-to-equity ratio of 6.71, a current ratio of 30.12 and a quick ratio of 5.88. The stock's fifty day moving average is GBX 561.73 and its two-hundred day moving average is GBX 561.17.

Insider Buying and Selling

In related news, insider Sarah Whitney bought 3,882 shares of the business's stock in a transaction on Friday, October 25th. The stock was bought at an average price of GBX 576 ($7.41) per share, for a total transaction of £22,360.32 ($28,774.06). Company insiders own 7.92% of the company's stock.

About JPMorgan Global Growth & Income

(Get Free Report)

JPMorgan Global Growth & Income plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations, with a bias towards large cap companies.

Further Reading

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