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JPMorgan Indian (LON:JII) Reaches New 12-Month High - Here's What Happened

JPMorgan Indian logo with Financial Services background

JPMorgan Indian (LON:JII - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 1,076.95 ($14.32) and last traded at GBX 1,076.95 ($14.32), with a volume of 69581 shares changing hands. The stock had previously closed at GBX 1,020 ($13.56).

JPMorgan Indian Stock Up 5.6%

The company has a 50-day moving average price of GBX 976.52 and a two-hundred day moving average price of GBX 996.21. The stock has a market capitalization of £721.42 million, a P/E ratio of 5.98 and a beta of 0.57.

Insider Transactions at JPMorgan Indian

In other JPMorgan Indian news, insider Charlotta Ginman acquired 1,040 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was bought at an average price of GBX 967 ($12.86) per share, with a total value of £10,056.80 ($13,373.40). 1.35% of the stock is owned by insiders.

About JPMorgan Indian

(Get Free Report)

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.

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