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JPMorgan Global Growth & Income (LON:JGGI) Hits New 52-Week High - Time to Buy?

JPMorgan Global Growth & Income logo with Financial Services background

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 585 ($7.62) and last traded at GBX 581 ($7.56), with a volume of 452165 shares trading hands. The stock had previously closed at GBX 580 ($7.55).

JPMorgan Global Growth & Income Price Performance

The business's 50 day moving average price is GBX 558.36 and its 200 day moving average price is GBX 559.79. The stock has a market capitalization of £2.89 billion, a P/E ratio of 674.71 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.

Insider Buying and Selling at JPMorgan Global Growth & Income

In other news, insider Sarah Whitney purchased 3,882 shares of the business's stock in a transaction on Friday, October 25th. The stock was acquired at an average cost of GBX 576 ($7.50) per share, for a total transaction of £22,360.32 ($29,107.42). 7.92% of the stock is owned by corporate insiders.

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.

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