JPMorgan Global Growth & Income (LON:JGGI) Reaches New 52-Week High – Should You Buy?

JPMorgan Global Growth & Income (LON:JGGI) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 596 ($7.55) and last traded at GBX 596 ($7.55), with a volume of 1193765 shares traded. The stock had previously closed at GBX 591 ($7.49).

JPMorgan Global Growth & Income Trading Up 0.3 %

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 firm has a market cap of £2.95 billion, a PE ratio of 685.06 and a beta of 0.61. The stock has a 50-day simple moving average of GBX 575.31 and a two-hundred day simple moving average of GBX 564.89.

JPMorgan Global Growth & Income Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, January 6th. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 5.70 ($0.07) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 0.96%. JPMorgan Global Growth & Income’s payout ratio is 2,643.68%.

Insider Activity 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 ($7.30) per share, for a total transaction of £22,360.32 ($28,332.89). 7.92% of the stock is owned by insiders.

JPMorgan Global Growth & Income Company Profile

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.