JPMorgan Indian (LON:JII - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 954.40 ($12.65) and traded as high as GBX 993 ($13.16). JPMorgan Indian shares last traded at GBX 991 ($13.13), with a volume of 44,593 shares.
JPMorgan Indian Stock Performance
The firm's fifty day simple moving average is GBX 954.40 and its 200 day simple moving average is GBX 995.81. The stock has a market capitalization of £667.86 million, a P/E ratio of 5.54 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 acquired at an average cost of GBX 967 ($12.81) per share, for a total transaction of £10,056.80 ($13,325.56). 1.35% of the stock is currently owned by insiders.
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.
Read More
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.