JPMorgan European Discovery (LON:JEDT) Reaches New 12-Month High – Here’s What Happened

JPMorgan European Discovery (LON:JEDT)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 548.64 ($7.35) and last traded at GBX 547 ($7.33), with a volume of 197968 shares traded. The stock had previously closed at GBX 540 ($7.23).

JPMorgan European Discovery Stock Performance

The stock has a 50-day moving average of GBX 495.52 and a 200 day moving average of GBX 472.04. The stock has a market cap of £638.44 million, a PE ratio of 6.59 and a beta of 1.24. The company has a quick ratio of 1.00, a current ratio of 56.35 and a debt-to-equity ratio of 9.53.

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.