JPMorgan China Growth & Income (LON:JCGI) Shares Down 1.9% - What's Next?

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report)'s share price dropped 1.9% on Tuesday . The company traded as low as GBX 232 ($3.13) and last traded at GBX 232 ($3.13). Approximately 124,474 shares were traded during trading, a decline of 48% from the average daily volume of 237,401 shares. The stock had previously closed at GBX 236.50 ($3.19).

JPMorgan China Growth & Income Price Performance

The company has a market capitalization of £193.83 million, a P/E ratio of 30.69 and a beta of 0.47. The stock's fifty day simple moving average is GBX 232.33 and its 200-day simple moving average is GBX 234.56.

JPMorgan China Growth & Income Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 15th. Shareholders of record on Thursday, April 10th were issued a GBX 2.73 ($0.04) dividend. This represents a yield of 1.12%. The ex-dividend date of this dividend was Thursday, April 10th. JPMorgan China Growth & Income's dividend payout ratio (DPR) is presently 145.51%.

Insider Transactions at JPMorgan China Growth & Income

In other news, insider Nicholas Bannerman bought 5,000 shares of the stock in a transaction on Monday, April 14th. The stock was purchased at an average price of GBX 223 ($3.01) per share, for a total transaction of £11,150 ($15,049.26). 1.23% of the stock is currently owned by insiders.

About JPMorgan China Growth & Income

Strategic thinking for Chinese markets JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year. Key points Expertise - Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China. Portfolio - Focuses on companies benefiting from the transition of China to a consumer-driven economy. Results - Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income. Why invest in this trust The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.