JPMorgan Indian (LON:JII) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Shares of JPMorgan Indian (LON:JIIGet Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,012 and traded as low as GBX 1,004. JPMorgan Indian shares last traded at GBX 1,012, with a volume of 40,209 shares trading hands.

JPMorgan Indian Trading Up 0.2%

The business’s 50 day simple moving average is GBX 1,012 and its 200 day simple moving average is GBX 1,043.80. The firm has a market capitalization of £461.80 million, a PE ratio of 5,295.66 and a beta of 0.57.

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.

Featured Articles

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.