JPMorgan Asia Growth & Income (LON:JAGI) Trading Down 0.4% - Should You Sell?

Key Points

• JPMorgan Asia Growth & Income plc's stock price decreased by 0.4%, trading at GBX 448.50 ($6.01) with volume down 47% from the average session.
• The fund has a market cap of £305.12 million and aims to provide predictable quarterly income while focusing on capital growth from a diversified portfolio of Asian companies.
• Insider June Aitken purchased 186 shares at an average price of GBX 401, indicating some insider confidence in the stock.

JPMorgan Asia Growth & Income plc (LON:JAGI - )'s stock price traded down 0.4% during mid-day trading on Wednesday . The stock traded as low as GBX 448 ($6.00) and last traded at GBX 448.50 ($6.01). 98,510 shares traded hands during trading, a decline of 47% from the average session volume of 187,570 shares. The stock had previously closed at GBX 450.50 ($6.04).

JPMorgan Asia Growth & Income Stock Down 0.4%

The stock has a market cap of £305.12 million, a PE ratio of 1,703.38 and a beta of 0.56. The firm has a 50-day simple moving average of GBX 413.48 and a 200-day simple moving average of GBX 384.25.

Insider Activity

In related news, insider June Aitken bought 186 shares of the company's stock in a transaction on Tuesday, August 26th. The shares were purchased at an average price of GBX 401 per share, for a total transaction of £745.86. 0.19% of the stock is currently owned by corporate insiders.

About JPMorgan Asia Growth & Income

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.

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