JPMorgan Asia Growth & Income (LON:JAGI) Trading 0.2% Higher - Here's What Happened

Key Points

• Shares of JPMorgan Asia Growth & Income (LON:JAGI) rose slightly by 0.2%, currently trading at GBX 425.38 ($5.81), despite a significant decline in trading volume.
• Insider June Aitken purchased 186 shares at GBX 401 each, indicating confidence in the company's prospects as insiders hold 0.26% of the stock.
• The fund aims to provide capital growth through investments in a diversified portfolio of around 50 to 80 companies in Asia, prioritizing both income and growth.

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report)'s share price was up 0.2% during mid-day trading on Tuesday . The stock traded as high as GBX 427 ($5.75) and last traded at GBX 425.38 ($5.73). Approximately 131,148 shares changed hands during trading, a decline of 30% from the average daily volume of 188,105 shares. The stock had previously closed at GBX 424.50 ($5.72).

JPMorgan Asia Growth & Income Price Performance

The company's fifty day moving average is GBX 401.26 and its 200-day moving average is GBX 378.81. The stock has a market cap of £295.14 million, a PE ratio of 1,637.05 and a beta of 0.56.

Insider Activity

In other JPMorgan Asia Growth & Income news, insider June Aitken bought 186 shares of JPMorgan Asia Growth & Income stock in a transaction that occurred on Tuesday, August 26th. The stock was purchased at an average price of GBX 401 per share, with a total value of £745.86. 0.26% of the stock is currently owned by company insiders.

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.