JPMorgan Indian (LON:JII - Get Free Report)'s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 957.24 ($12.72) and traded as high as GBX 1,000 ($13.29). JPMorgan Indian shares last traded at GBX 1,000 ($13.29), with a volume of 39,273 shares changing hands.
JPMorgan Indian Stock Up 0.3 %
The firm has a market cap of £677.55 million, a price-to-earnings ratio of 5.62 and a beta of 0.57. The company's 50-day moving average price is GBX 958.30 and its 200-day moving average price is GBX 994.96.
Insider Activity
In other JPMorgan Indian news, insider Charlotta Ginman bought 1,040 shares of the business's stock in a transaction on Tuesday, February 18th. The stock was bought at an average price of GBX 967 ($12.85) per share, with a total value of £10,056.80 ($13,360.97). Company insiders own 1.35% of the company's stock.
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.
Further Reading
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