JPMorgan China Growth & Income (LON:JCGI) Stock Price Up 0.2% - What's Next?

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report) was up 0.2% during trading on Monday . The company traded as high as GBX 233.20 ($3.16) and last traded at GBX 232 ($3.14). Approximately 95,991 shares changed hands during trading, a decline of 58% from the average daily volume of 227,459 shares. The stock had previously closed at GBX 231.50 ($3.13).

JPMorgan China Growth & Income Stock Up 0.2%

The business's fifty day moving average is GBX 230.67 and its two-hundred day moving average is GBX 236.02. The stock has a market capitalization of £193.83 million, a PE ratio of 30.69 and a beta of 0.47.

JPMorgan China Growth & Income (LON:JCGI - Get Free Report) last issued its quarterly earnings data on Monday, June 2nd. The company reported GBX 0.14 ($0.00) EPS for the quarter. JPMorgan China Growth & Income had a net margin of 72.25% and a return on equity of 2.99%.

JPMorgan China Growth & Income Dividend Announcement

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

Insider Buying and Selling at JPMorgan China Growth & Income

In other JPMorgan China Growth & Income news, insider Nicholas Bannerman bought 5,000 shares of the business's stock in a transaction dated Monday, April 14th. The shares were purchased at an average price of GBX 223 ($3.02) per share, with a total value of £11,150 ($15,096.13). Company insiders own 1.23% of the company's stock.

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.

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