JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 0.7% - Time to Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI - Get Free Report)'s share price shot up 0.7% on Monday . The stock traded as high as GBX 384 ($5.16) and last traded at GBX 384 ($5.16). 85,090 shares were traded during mid-day trading, a decline of 56% from the average session volume of 193,651 shares. The stock had previously closed at GBX 381.50 ($5.12).

JPMorgan Asia Growth & Income Stock Performance

The stock has a market capitalization of £285.70 million, a P/E ratio of 7.94 and a beta of 0.56. The company's fifty day simple moving average is GBX 375.57 and its two-hundred day simple moving average is GBX 371.46.

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

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.