JPMorgan Global Growth & Income (LON:JGGI) Stock Price Down 0.2% – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s stock price was down 0.2% during trading on Monday . The company traded as low as GBX 577 ($7.23) and last traded at GBX 579 ($7.26). Approximately 541,052 shares traded hands during trading, a decline of 54% from the average daily volume of 1,176,279 shares. The stock had previously closed at GBX 579.95 ($7.27).

JPMorgan Global Growth & Income Stock Performance

The firm has a market capitalization of £2.85 billion, a price-to-earnings ratio of 665.52 and a beta of 0.61. The firm’s 50-day moving average price is GBX 583.81 and its two-hundred day moving average price is GBX 567.87. The company has a debt-to-equity ratio of 6.71, a quick ratio of 5.88 and a current ratio of 30.12.

JPMorgan Global Growth & Income Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, January 6th. Stockholders of record on Thursday, November 21st will be issued a GBX 5.70 ($0.07) dividend. 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 presently 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 shares were bought at an average price of GBX 576 ($7.22) per share, with a total value of £22,360.32 ($28,030.99). Company insiders own 7.92% of the company’s stock.

About JPMorgan Global Growth & Income

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.