JPMorgan Indian (LON:JII) Hits New 52-Week Low - Here's What Happened

JPMorgan Indian (LON:JII - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 883.01 ($11.56) and last traded at GBX 896.98 ($11.74), with a volume of 21991 shares. The stock had previously closed at GBX 927 ($12.13).

JPMorgan Indian Stock Down 0.7 %

The firm has a 50-day moving average price of GBX 958.82 and a two-hundred day moving average price of GBX 998.29. The firm has a market cap of £630.35 million, a PE ratio of 5.22 and a beta of 0.57.

Insider Activity at JPMorgan Indian

In other JPMorgan Indian news, insider Charlotta Ginman acquired 1,040 shares of the company's stock in a transaction that occurred on Tuesday, February 18th. The stock was bought at an average price of GBX 967 ($12.66) per share, with a total value of £10,056.80 ($13,163.35). 1.35% of the stock is owned by corporate insiders.

JPMorgan Indian Company Profile

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.