JPMorgan Global Core Real Assets (LON:JARA) Trading Down 4.1% - Here's What Happened

Key Points

• The stock price of JPMorgan Global Core Real Assets (LON:JARA) decreased by 4.1%, trading as low as GBX 70 ($0.95) before closing at GBX 71 ($0.96).
• Insider Simon Holden and John Scott sold a combined total of 173,966 shares for over £140,000 recently, indicating significant insider transactions.
• The company has a market capitalization of £53.58 million and a very high price-to-earnings ratio of 1,494.74.

JPMorgan Global Core Real Assets Limited (LON:JARA - )'s stock price traded down 4.1% on Wednesday . The stock traded as low as GBX 70 ($0.95) and last traded at GBX 71 ($0.96). 73,057 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 365,863 shares. The stock had previously closed at GBX 74 ($1.00).

JPMorgan Global Core Real Assets Stock Down 4.1%

The firm has a 50 day moving average of GBX 73.65 and a two-hundred day moving average of GBX 76.36. The firm has a market capitalization of £53.58 million, a price-to-earnings ratio of 1,494.74 and a beta of 0.29.

Insider Activity at JPMorgan Global Core Real Assets

In other JPMorgan Global Core Real Assets news, insider Simon Holden sold 23,227 shares of the business's 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 John Scott sold 139,125 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 £123,821.25. Insiders have sold a total of 173,966 shares of company stock valued at $15,482,974 over the last 90 days. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.