JPMorgan European Discovery (LON:JEDT) Shares Down 1% - What's Next?

JPMorgan European Discovery (LON:JEDT - Get Free Report)'s stock price was down 1% during trading on Thursday . The stock traded as low as GBX 451.50 ($5.86) and last traded at GBX 451.58 ($5.86). Approximately 118,292 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 978,313 shares. The stock had previously closed at GBX 456 ($5.91).

JPMorgan European Discovery Trading Up 1.2 %

The company has a current ratio of 6.01, a quick ratio of 1.00 and a debt-to-equity ratio of 9.50. The firm has a market cap of £547.81 million, a PE ratio of 1,746.15 and a beta of 1.24. The company's 50-day moving average is GBX 459.06 and its 200 day moving average is GBX 464.13.

Insider Activity at JPMorgan European Discovery

In other news, insider James Will purchased 10,000 shares of JPMorgan European Discovery stock in a transaction that occurred on Thursday, September 5th. The stock was acquired at an average price of GBX 447 ($5.80) per share, for a total transaction of £44,700 ($57,969.14). 3.56% of the stock is owned by insiders.

JPMorgan European Discovery Company Profile

JPMorgan European Smaller Companies Trust plc is a closed 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 of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.