Jpmorgan Global Growth & Income (LON:JPGI) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Jpmorgan Global Growth & Income PLC (LON:JPGI) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 340 ($4.44) and traded as low as GBX 338 ($4.41). Jpmorgan Global Growth & Income shares last traded at GBX 340 ($4.44), with a volume of 573,564 shares traded.

Jpmorgan Global Growth & Income Price Performance

The company has a current ratio of 21.68, a quick ratio of 20.90 and a debt-to-equity ratio of 6.41. The company has a market cap of £472.52 million and a PE ratio of 5.01. The firm has a 50 day moving average of GBX 340 and a two-hundred day moving average of GBX 340.

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.