JPMorgan European Smaller Companies Trust (LON:JESC) Shares Cross Above Fifty Day Moving Average – Here’s Why

Shares of JPMorgan European Smaller Companies Trust plc (LON:JESCGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 499 ($6.50) and traded as high as GBX 509 ($6.63). JPMorgan European Smaller Companies Trust shares last traded at GBX 499 ($6.50), with a volume of 179,129 shares.

JPMorgan European Smaller Companies Trust Stock Down 1.0 %

The company has a debt-to-equity ratio of 10.72, a current ratio of 107.92 and a quick ratio of 107.92. The company has a market capitalization of £795.72 million and a price-to-earnings ratio of 7.60. The firm’s 50-day simple moving average is GBX 499 and its two-hundred day simple moving average is GBX 499.

About JPMorgan European Smaller Companies Trust

(Get Free Report)

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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