JPMorgan Indian (LON:JII - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,074.98 ($14.44) and traded as high as GBX 1,100 ($14.78). JPMorgan Indian shares last traded at GBX 1,058 ($14.22), with a volume of 443,450 shares.
JPMorgan Indian Stock Performance
The company has a 50-day moving average of GBX 1,077.58 and a 200 day moving average of GBX 1,015.08. The firm has a market cap of £716.76 million, a P/E ratio of 5.94 and a beta of 0.57.
JPMorgan Indian (LON:JII - Get Free Report) last announced its earnings results on Thursday, June 19th. The company reported GBX (0.51) (($0.01)) earnings per share (EPS) for the quarter. JPMorgan Indian had a return on equity of 15.32% and a net margin of 74.37%.
JPMorgan Indian Company Profile
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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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