JPMorgan Global Growth & Income (LON:JGGI) Sets New 12-Month High – What’s Next?

JPMorgan Global Growth & Income (LON:JGGI)’s share price reached a new 52-week high on Thursday . The company traded as high as GBX 604 ($7.39) and last traded at GBX 602.59 ($7.38), with a volume of 185756 shares traded. The stock had previously closed at GBX 599 ($7.33).

JPMorgan Global Growth & Income Stock Up 0.7 %

The business has a 50-day simple moving average of GBX 587.48 and a two-hundred day simple moving average of GBX 570.93. 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 market capitalization of £2.97 billion, a price-to-earnings ratio of 693.29 and a beta of 0.61.

JPMorgan Global Growth & Income Dividend Announcement

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

Insider Activity

In other JPMorgan Global Growth & Income news, insider Sarah Whitney acquired 3,882 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were purchased at an average price of GBX 576 ($7.05) per share, with a total value of £22,360.32 ($27,368.81). Insiders own 7.92% of the company’s stock.

JPMorgan Global Growth & Income Company Profile

A distinctive strategy for today’s markets
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Key points:
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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.