JPMorgan Asia Growth & Income (LON:JAGI) Trading 0.8% Higher - Should You Buy?

Key Points

• Shares of JPMorgan Asia Growth & Income plc increased by 0.8%, reaching GBX 394.50 ($5.25), though trading volume declined by 43% compared to the average.
• The company has a market capitalization of £289.00 million and a PE ratio of 8.03, indicating potential value in the stock.
• JPMorgan Asia Growth & Income aims to provide capital growth and predictable quarterly income through a diversified portfolio spread across 50 to 80 Asian companies.

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report) shot up 0.8% during trading on Tuesday . The stock traded as high as GBX 394.50 ($5.31) and last traded at GBX 394.50 ($5.31). 113,142 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 196,878 shares. The stock had previously closed at GBX 391.50 ($5.27).

JPMorgan Asia Growth & Income Price Performance

The firm's 50 day moving average is GBX 383.03 and its 200 day moving average is GBX 373.43. The company has a market capitalization of £289.24 million, a PE ratio of 8.04 and a beta of 0.56.

JPMorgan Asia Growth & Income (LON:JAGI - Get Free Report) last released its quarterly earnings results on Friday, May 30th. The company reported GBX 1.20 ($0.02) earnings per share for the quarter. JPMorgan Asia Growth & Income had a net margin of 86.71% and a return on equity of 12.22%.

JPMorgan Asia Growth & Income Company Profile

Targeting income without compromising on Asia's growth JPMorgan Asia Growth & Income plc provides access to the world's fastest growing equity market and targets predictable quarterly income without compromising its focus on growth. Key points: Expertise - Managed by emerging market veterans. Portfolio - Manager's focus on seeking out Asia's best growth ideas. Results - Seeks to provide predictable quarterly income distributions set annually. Why invest in this trust Managed by our locally based team of investment experts, the JPMorgan Asia Growth & Income plc provides broad access to Asia's fast growing markets and benefits from our long experience in the region. Investment objective Aims to provide capital growth from a diversified portfolio of around 50 to 80 companies quoted on the Asian stock markets, excluding Japan.