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JPMorgan Global Growth & Income (LON:JGGI) Trading Up 0.7% - Here's Why

JPMorgan Global Growth & Income logo with Financial Services background

JPMorgan Global Growth & Income (LON:JGGI - Get Free Report)'s share price shot up 0.7% during mid-day trading on Monday . The company traded as high as GBX 568 ($7.43) and last traded at GBX 568 ($7.43). 956,206 shares changed hands during trading, a decline of 18% from the average session volume of 1,159,457 shares. The stock had previously closed at GBX 564 ($7.38).

JPMorgan Global Growth & Income Price Performance

The business has a 50-day moving average of GBX 553.63 and a 200 day moving average of GBX 557.58. The company has a current ratio of 30.12, a quick ratio of 5.88 and a debt-to-equity ratio of 6.71. The firm has a market capitalization of £2.77 billion, a P/E ratio of 646.21 and a beta of 0.61.

JPMorgan Global Growth & Income Company Profile

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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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