JPMorgan Global Core Real Assets (LON:JARA) Shares Down 2.1% - Here's What Happened

Key Points

• JPMorgan Global Core Real Assets (LON:JARA) share price fell by 2.1%, trading as low as GBX 70 ($0.95) with significant drop in volume at 43,186 shares.
• Insider Helen F. Green sold 11,614 shares at GBX 89, while John Scott acquired 15,000 shares at GBX 7,019, highlighting mixed insider sentiment.
• The stock has a market cap of £53.58 million and an extremely high price-to-earnings ratio of 1,494.74, suggesting concerns about overvaluation.

JPMorgan Global Core Real Assets Limited (LON:JARA - Get Free Report) shares traded down 2.1% during mid-day trading on Thursday . The stock traded as low as GBX 70 ($0.95) and last traded at GBX 71 ($0.96). 43,186 shares were traded during mid-day trading, a decline of 88% from the average session volume of 373,053 shares. The stock had previously closed at GBX 72.50 ($0.98).

JPMorgan Global Core Real Assets Trading Up 5.7%

The firm's fifty day moving average is GBX 73.67 and its 200-day moving average is GBX 76.38. The stock has a market capitalization of £55.84 million, a PE ratio of 1,557.89 and a beta of 0.29.

Insider Transactions at JPMorgan Global Core Real Assets

In other news, insider Simon Holden sold 23,227 shares of JPMorgan Global Core Real Assets stock in a transaction on Friday, August 8th. The stock was sold at an average price of GBX 89, for a total value of £20,672.03. Also, insider Helen F. Green sold 11,614 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The shares were sold at an average price of GBX 89, for a total transaction of £10,336.46. In the last three months, insiders have sold 173,966 shares of company stock worth $15,482,974. 0.48% of the stock is currently owned by insiders.

About JPMorgan Global Core Real Assets

Invest in the world you live in JPMorgan Global Core Real Assets Ltd (JARA) offers a way for investors to diversify into assets that are uncorrelated with equities and bonds, with the chance to benefit from a stable income stream through the power of diversification. The Company will seek to provide Shareholders with stable income and capital appreciation from exposure to a globally diversified portfolio of Core Real Assets.