JPMorgan China Growth & Income (LON:JCGI) Trading Up 0.2% - Here's Why

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report)'s share price traded up 0.2% during mid-day trading on Monday . The stock traded as high as GBX 233.20 ($3.20) and last traded at GBX 232 ($3.18). 95,991 shares traded hands during trading, a decline of 58% from the average session volume of 227,459 shares. The stock had previously closed at GBX 231.50 ($3.18).

JPMorgan China Growth & Income Stock Performance

The company has a 50 day moving average of GBX 231.77 and a 200 day moving average of GBX 236. The firm has a market cap of £195.50 million, a P/E ratio of 30.95 and a beta of 0.47.

JPMorgan China Growth & Income (LON:JCGI - Get Free Report) last posted its earnings results 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. Investors of record on Thursday, April 10th were paid a GBX 2.73 ($0.04) dividend. This represents a dividend yield of 1.12%. The ex-dividend date was Thursday, April 10th. JPMorgan China Growth & Income's payout ratio is 145.51%.

Insider Buying and Selling

In related news, insider Nicholas Bannerman acquired 5,000 shares of the stock in a transaction dated Monday, April 14th. The shares were acquired at an average price of GBX 223 ($3.06) per share, for a total transaction of £11,150 ($15,301.22). Corporate 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.