JPMorgan Indian (LON:JII) Sets New 1-Year High - Should You Buy?

JPMorgan Indian (LON:JII - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 1,108 ($15.01) and last traded at GBX 1,094 ($14.82), with a volume of 70052 shares. The stock had previously closed at GBX 1,080 ($14.63).

JPMorgan Indian Stock Down 0.7%

The stock has a market cap of £726.14 million, a price-to-earnings ratio of 6.02 and a beta of 0.57. The company's 50-day moving average is GBX 1,024 and its 200-day moving average is GBX 1,008.13.

About JPMorgan Indian

JPMorgan Indian Investment Trust plc provides expertly managed exposure to the long-term growth potential of the Indian market. Key points: Expertise - The largest Indian investment trust, managed by a highly-experienced team. Portfolio - Invests in the long-term growth potential of India, boosted by a growing middle class and young population. Results - Provides exposure to a market that can be difficult to access through a growth-orientated portfolio of Indian equities. *Source: Association of Investment Companies, January 2019 Why invest in this trust JPMorgan Indian Investment Trust plc was the first trust to focus purely on Indian companies.