JPMorgan China Growth & Income plc (LON:JCGI) Insider Alexandra Mackesy Buys 59,675 Shares

Key Points

• Insider Alexandra Mackesy acquired 59,675 shares of JPMorgan China Growth & Income plc at an average price of GBX 258 per share, totaling approximately £153,961.50.
• The stock is currently trading at GBX 254.50, with the company holding a market cap of £212.63 million and a 12-month price range of GBX 182 to GBX 287.
• JPMorgan China Growth & Income plc aims to capitalize on the transition of China to a more consumer-driven economy while delivering a predictable quarterly income distribution.

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report) insider Alexandra Mackesy purchased 59,675 shares of the company's stock in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average cost of GBX 258 ($3.42) per share, with a total value of £153,961.50 ($204,355.59).

JPMorgan China Growth & Income Trading Down 2.0%

LON JCGI traded down GBX 5 ($0.07) during midday trading on Friday, hitting GBX 249 ($3.31). The company had a trading volume of 231,880 shares, compared to its average volume of 219,605. The firm has a 50-day moving average price of GBX 238.30 and a 200-day moving average price of GBX 239.62. The company has a market capitalization of £208.03 million, a PE ratio of 32.94 and a beta of 0.47. JPMorgan China Growth & Income plc has a twelve month low of GBX 182 ($2.42) and a twelve month high of GBX 287 ($3.81).

JPMorgan China Growth & Income (LON:JCGI - Get Free Report) last released 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%.

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.