JPMorgan Indian (LON:JII) Posts Earnings Results

JPMorgan Indian (LON:JII - Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX (0.51) (($0.01)) earnings per share for the quarter, Digital Look Earnings reports. JPMorgan Indian had a net margin of 74.37% and a return on equity of 15.32%.

JPMorgan Indian Stock Performance

JII stock traded up GBX 4 ($0.05) during midday trading on Friday, hitting GBX 1,064 ($14.28). 156,662 shares of the stock were exchanged, compared to its average volume of 103,768. The stock's 50-day moving average price is GBX 1,037.34 and its 200-day moving average price is GBX 1,009.48. The stock has a market cap of £712.74 million, a price-to-earnings ratio of 5.91 and a beta of 0.57. JPMorgan Indian has a fifty-two week low of GBX 873.77 ($11.73) and a fifty-two week high of GBX 1,108 ($14.87).

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.