Free Trial

JPMorgan Indian (LON:JII) Stock Passes Below 50 Day Moving Average - Here's What Happened

JPMorgan Indian logo with Financial Services background

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

JPMorgan Indian (LON:JII - Get Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 1,075.54 ($14.54) and traded as low as GBX 1,055.95 ($14.28). JPMorgan Indian shares last traded at GBX 1,068 ($14.44), with a volume of 96,679 shares changing hands.

JPMorgan Indian Price Performance

The firm has a fifty day simple moving average of GBX 1,074.42 and a two-hundred day simple moving average of GBX 1,021.97. The firm has a market capitalization of £715.42 million, a P/E ratio of 5.93 and a beta of 0.57.

JPMorgan Indian (LON:JII - Get Free Report) last announced its quarterly earnings data on Thursday, June 19th. The company reported GBX (0.51) earnings per share for the quarter. JPMorgan Indian had a net margin of 74.37% and a return on equity of 15.32%.

Insider Activity at JPMorgan Indian

In related news, insider Khozem Merchant purchased 5,602 shares of the business's stock in a transaction dated Monday, August 11th. The stock was purchased at an average cost of GBX 1,063 per share, with a total value of £59,549.26. 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.

Read More

Should You Invest $1,000 in JPMorgan Indian Right Now?

Before you consider JPMorgan Indian, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan Indian wasn't on the list.

While JPMorgan Indian currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Next Tech Boom: AI Robots Are Coming Sooner Than You Think!
Tech Stocks Stumble: Will Nvidia’s Report Spark a Rebound?
Follow the Money: 5 Stocks Institutions Are Buying NOW

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines