JPMorgan Indian (LON:JII – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of GBX 1,012 and traded as high as GBX 1,020. JPMorgan Indian shares last traded at GBX 1,012, with a volume of 40,209 shares.
JPMorgan Indian Price Performance
The business’s 50-day moving average is GBX 1,012 and its two-hundred day moving average is GBX 1,012. The firm has a market cap of £461.80 million, a P/E ratio of 5,295.66 and a beta of 0.57.
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.
Recommended Stories
- Five stocks we like better than JPMorgan Indian
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for JPMorgan Indian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Indian and related companies with MarketBeat.com's FREE daily email newsletter.
