JPMorgan China Growth & Income (LON:JCGI) Shares Down 4.1% – Should You Sell?

JPMorgan China Growth & Income plc (LON:JCGI)’s share price traded down 4.1% on Friday . The stock traded as low as GBX 260 and last traded at GBX 260.01. Approximately 436,828 shares traded hands during mid-day trading, an increase of 79% from the average session volume of 244,661 shares. The stock had previously closed at GBX 271.

JPMorgan China Growth & Income Stock Down 4.1%

The business has a 50-day simple moving average of GBX 281.14 and a 200-day simple moving average of GBX 285.43. The company has a market cap of £210.03 million, a PE ratio of 3.41 and a beta of 0.84.

JPMorgan China Growth & Income (LON:JCGI) last posted its quarterly earnings data on Thursday, June 4th. The company reported GBX 0.24 EPS for the quarter. The business had revenue of GBX 100 million during the quarter. JPMorgan China Growth & Income had a return on equity of 10.57% and a net margin of 60,650.00%.

About JPMorgan China Growth & Income

Strategic thinking for Chinese markets

JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.

Key points

Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.

Why invest in this trust

The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.