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JPMorgan Indian (LON:JII) Hits New 12-Month High - Here's Why

JPMorgan Indian logo with Financial Services background

Shares of JPMorgan Indian (LON:JII - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,068 ($13.65) and last traded at GBX 1,066 ($13.62), with a volume of 60901 shares. The stock had previously closed at GBX 1,054 ($13.47).

JPMorgan Indian Stock Performance

The company has a market cap of £724.10 million, a price-to-earnings ratio of 684.42 and a beta of 0.57. The company's 50 day moving average price is GBX 1,005.53 and its 200 day moving average price is GBX 1,004.87. The company has a debt-to-equity ratio of 3.08, a quick ratio of 20.79 and a current ratio of 42.02.

Insider Buying and Selling at JPMorgan Indian

In other news, insider Jeremy Whitley bought 5,000 shares of the business's stock in a transaction on Tuesday, October 22nd. The stock was purchased at an average price of GBX 985 ($12.58) per share, with a total value of £49,250 ($62,923.21). Corporate insiders own 1.35% of the company's stock.

JPMorgan Indian Company Profile

(Get Free Report)

JPMorgan Indian Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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