JPMorgan Indian (LON:JII - Get Free Report) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,045.04 ($14.34) and traded as high as GBX 1,072 ($14.71). JPMorgan Indian shares last traded at GBX 1,066 ($14.63), with a volume of 75,785 shares traded.
JPMorgan Indian Price Performance
The stock has a market cap of £715.88 million, a price-to-earnings ratio of 5.93 and a beta of 0.57. The business's fifty day simple moving average is GBX 1,045.04 and its 200 day simple moving average is GBX 1,010.12.
JPMorgan Indian (LON:JII - Get Free Report) last posted its quarterly 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%.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
