Jpmorgan Global Growth & Income (LON:JPGI) Stock Price Passes Below Fifty Day Moving Average – Here’s Why

Jpmorgan Global Growth & Income PLC (LON:JPGIGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 340 ($4.41) and traded as low as GBX 338 ($4.38). Jpmorgan Global Growth & Income shares last traded at GBX 340 ($4.41), with a volume of 573,564 shares.

Jpmorgan Global Growth & Income Stock Down 2.9 %

The firm’s fifty day moving average price is GBX 340 and its 200-day moving average price is GBX 340. The company has a market capitalization of £472.52 million and a price-to-earnings ratio of 5.01. The company has a debt-to-equity ratio of 6.41, a current ratio of 21.68 and a quick ratio of 20.90.

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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