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

Key Points

• JPMorgan Global Core Real Assets Limited (LON:JARA) shares fell by 2.1%, closing at GBX 71 ($0.97) on Thursday, significantly below its average trading volume.
• Insider transactions included John Scott purchasing 15,000 shares for £1,052,850, while Simon Holden sold 23,227 shares valued at £20,672.03.
• The company aims to provide shareholders with stable income and capital appreciation through a globally diversified portfolio of Core Real Assets.

JPMorgan Global Core Real Assets Limited (LON:JARA - Get Free Report) shares fell 2.1% during mid-day trading on Thursday . The company traded as low as GBX 70 ($0.95) and last traded at GBX 71 ($0.96). 43,186 shares changed hands 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 Price Performance

The company has a market capitalization of £55.84 million, a price-to-earnings ratio of 1,557.89 and a beta of 0.29. The stock has a 50-day moving average price of GBX 73.70 and a 200-day moving average price of GBX 76.43.

Insider Activity

In related news, insider Simon Holden sold 23,227 shares of the company's stock in a transaction dated Friday, August 8th. The shares were sold at an average price of GBX 89, for a total value of £20,672.03. Also, insider John Scott purchased 15,000 shares of the firm's stock in a transaction that occurred on Thursday, September 4th. The stock was bought at an average price of GBX 7,019 per share, for a total transaction of £1,052,850. Insiders sold a total of 173,966 shares of company stock valued at $15,482,974 over the last three months. Insiders own 0.48% of the company's stock.

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.