JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 0.2% – Still a Buy?

Shares of JPMorgan Asia Growth & Income plc (LON:JAGI) were up 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 427 ($5.83) and last traded at GBX 425.38 ($5.81). Approximately 131,148 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 188,105 shares. The stock had previously closed at GBX 424.50 ($5.79).

JPMorgan Asia Growth & Income Trading Up 0.2%

The business has a 50 day moving average of GBX 398.29 and a 200-day moving average of GBX 377.69. The stock has a market cap of £291.27 million, a PE ratio of 1,615.57 and a beta of 0.56.

Insider Transactions at JPMorgan Asia Growth & Income

In other JPMorgan Asia Growth & Income news, insider June Aitken purchased 186 shares of the business’s stock in a transaction on Tuesday, August 26th. The stock was bought at an average cost of GBX 401 per share, for a total transaction of £745.86. Insiders own 0.26% of the company’s stock.

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.