JPMorgan Indian (LON:JII - Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,024.37 ($12.51) and traded as high as GBX 1,025.99 ($12.53). JPMorgan Indian shares last traded at GBX 1,010 ($12.33), with a volume of 136,191 shares changing hands.
JPMorgan Indian Stock Performance
The firm has a market capitalization of £693.87 million, a PE ratio of 655.84 and a beta of 0.57. The business has a 50-day simple moving average of GBX 1,024.83 and a 200-day simple moving average of GBX 1,017.19. The company has a debt-to-equity ratio of 3.08, a current ratio of 42.02 and a quick ratio of 20.79.
Insider Activity at JPMorgan Indian
In other JPMorgan Indian news, insider Jeremy Whitley bought 5,000 shares of the firm's stock in a transaction dated Tuesday, October 22nd. The stock was acquired at an average cost of GBX 985 ($12.03) per share, for a total transaction of £49,250 ($60,134.31). 1.35% of the stock is currently owned by insiders.
JPMorgan Indian Company Profile
(
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
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
