Shares of JPMorgan European Discovery (LON:JEDT - Get Free Report) traded up 0.3% during mid-day trading on Friday . The company traded as high as GBX 441.50 ($5.53) and last traded at GBX 439.50 ($5.51). 374,867 shares changed hands during trading, a decline of 60% from the average session volume of 934,297 shares. The stock had previously closed at GBX 438 ($5.49).
The company has a quick ratio of 1.00, a current ratio of 6.01 and a debt-to-equity ratio of 9.50. The firm has a market capitalization of £526.83 million, a PE ratio of 1,690.38 and a beta of 1.24. The stock has a 50-day moving average price of GBX 459.30 and a 200 day moving average price of GBX 462.99.
In other news, insider James Will bought 10,000 shares of the firm's stock in a transaction dated Thursday, September 5th. The shares were acquired at an average price of GBX 447 ($5.60) per share, for a total transaction of £44,700 ($56,036.10). 3.56% of the stock is currently owned by company insiders.
JPMorgan European Smaller Companies Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of Europe, excluding the United Kingdom. The fund seeks to invest in stocks of companies operating across diversified sectors.
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