Insider Buying: JPMorgan China Growth & Income plc (LON:JCGI) Insider Buys 12,000 Shares of Stock

Key Points

• Insider Nicholas Bannerman acquired 12,000 shares of JPMorgan China Growth & Income plc for a total of £30,720, indicating confidence in the company's prospects.
• The stock performance remained stable at GBX 253.50 during midday trading, with a significant market capitalization of £211.79 million.
• JPMorgan China Growth & Income plc focuses on investing in Chinese companies transitioning to a consumer-driven economy, aiming for both capital appreciation and predictable quarterly income distributions.

JPMorgan China Growth & Income plc (LON:JCGI - Get Free Report) insider Nicholas Bannerman acquired 12,000 shares of the company's stock in a transaction on Wednesday, August 6th. The stock was bought at an average price of GBX 256 ($3.44) per share, for a total transaction of £30,720 ($41,301.43).

JPMorgan China Growth & Income Stock Down 1.0%

JPMorgan China Growth & Income stock traded down GBX 2.50 ($0.03) during trading hours on Friday, hitting GBX 252 ($3.39). The stock had a trading volume of 43,726 shares, compared to its average volume of 214,910. JPMorgan China Growth & Income plc has a fifty-two week low of GBX 182 ($2.45) and a fifty-two week high of GBX 287 ($3.86). The company has a market cap of £210.54 million, a PE ratio of 33.33 and a beta of 0.47. The company has a 50-day moving average of GBX 240.49 and a two-hundred day moving average of GBX 240.84.

JPMorgan China Growth & Income (LON:JCGI - Get Free Report) last issued 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 return on equity of 2.99% and a net margin of 72.25%.

JPMorgan China Growth & Income Company Profile

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.