JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 0.7% - Here's Why

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report)'s share price rose 0.7% during trading on Monday . The company traded as high as GBX 384 ($5.15) and last traded at GBX 384 ($5.15). Approximately 85,090 shares were traded during trading, a decline of 56% from the average daily volume of 193,651 shares. The stock had previously closed at GBX 381.50 ($5.12).

JPMorgan Asia Growth & Income Stock Performance

The company has a fifty day simple moving average of GBX 374.95 and a two-hundred day simple moving average of GBX 371.36. The stock has a market capitalization of £287.90 million, a price-to-earnings ratio of 8.00 and a beta of 0.56.

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

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.