JPMorgan Global Growth & Income (LON:JGGI) Sets New 1-Year High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 604 ($7.35) and last traded at GBX 602.59 ($7.33), with a volume of 185756 shares changing hands. The stock had previously closed at GBX 599 ($7.29).

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 company has a 50 day simple moving average of GBX 588.53 and a 200 day simple moving average of GBX 571.50. The company has a market capitalization of £2.98 billion, a PE ratio of 695.40 and a beta of 0.61.

JPMorgan Global Growth & Income Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, January 6th. Investors of record on Thursday, November 21st were given a GBX 5.70 ($0.07) dividend. The ex-dividend date was Thursday, November 21st. This represents a yield of 0.96%. JPMorgan Global Growth & Income’s payout ratio is 2,643.68%.

Insider Buying and Selling at JPMorgan Global Growth & Income

In other JPMorgan Global Growth & Income news, insider Sarah Whitney bought 3,882 shares of JPMorgan Global Growth & Income stock in a transaction dated Friday, October 25th. The stock was acquired at an average cost of GBX 576 ($7.01) per share, with a total value of £22,360.32 ($27,205.65). 7.92% of the stock is owned by corporate insiders.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today’s markets
JPMorgan Global Growth & Income plc provides the best of both worlds. The manager focuses on investing in the best ideas from across the world’s stock market, whilst the Company delivers a predictable quarterly income distribution – set at the beginning of its financial year.

Key points:
Expertise – Tapping into the local proprietary analysis of JPMorgan’s award winning and experienced global research team.
Portfolio – A global best ideas – go anywhere – portfolio, with the manager focused on identifying companies that will provide the best total returns.
Results – Provides the best of both worlds – predictable quarterly income and long-term growth from the best global ideas.