JPMorgan Global Growth & Income (LON:JGGI) Shares Up 0.7% – Here’s Why

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

JPMorgan Global Growth & Income Stock Up 0.7 %

The stock’s 50-day moving average price is GBX 553.70 and its 200-day moving average price is GBX 557.65. 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 stock has a market cap of £2.79 billion, a price-to-earnings ratio of 650.57 and a beta of 0.61.

About JPMorgan Global Growth & Income

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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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