JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 0.7% – Should You Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI)’s stock price was up 0.7% during mid-day trading on Monday . The company traded as high as GBX 384 ($5.16) and last traded at GBX 384 ($5.16). Approximately 85,090 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 193,651 shares. The stock had previously closed at GBX 381.50 ($5.12).

JPMorgan Asia Growth & Income Stock Up 0.4%

The stock has a market capitalization of £282.44 million, a PE ratio of 7.85 and a beta of 0.56. The stock has a fifty day moving average of GBX 373.57 and a 200-day moving average of GBX 371.07.

JPMorgan Asia Growth & Income (LON:JAGI) last posted its quarterly earnings results on Friday, May 30th. The company reported GBX 1.20 ($0.02) earnings per share for the quarter. JPMorgan Asia Growth & Income had a return on equity of 12.22% and a net margin of 86.71%.

About JPMorgan Asia Growth & Income

Targeting income without compromising on Asia’s growth

JPMorgan Asia Growth & Income plc provides access to the world’s fastest growing equity market and targets predictable quarterly income without compromising its focus on growth.

Key points:
Expertise – Managed by emerging market veterans.
Portfolio – Manager’s focus on seeking out Asia’s best growth ideas.
Results – Seeks to provide predictable quarterly income distributions set annually.

Why invest in this trust
Managed by our locally based team of investment experts, the JPMorgan Asia Growth & Income plc provides broad access to Asia’s fast growing markets and benefits from our long experience in the region.

Investment objective
Aims to provide capital growth from a diversified portfolio of around 50 to 80 companies quoted on the Asian stock markets, excluding Japan.