JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 1.6% – Time to Buy?

JPMorgan Asia Growth & Income plc (LON:JAGIGet Free Report)’s stock price traded up 1.6% on Tuesday . The company traded as high as GBX 490 and last traded at GBX 490. 132,645 shares were traded during trading, an increase of 8% from the average session volume of 122,710 shares. The stock had previously closed at GBX 482.50.

JPMorgan Asia Growth & Income Stock Performance

The company has a market capitalization of £333.18 million, a PE ratio of 7.06 and a beta of 0.56. The stock’s 50 day moving average is GBX 452.37 and its 200 day moving average is GBX 431.93.

JPMorgan Asia Growth & Income (LON:JAGIGet Free Report) last released its quarterly earnings data on Thursday, December 11th. The company reported GBX 4.54 earnings per share for the quarter. JPMorgan Asia Growth & Income had a net margin of 86.71% and a return on equity of 12.22%.

Insider Activity

In related news, insider Will Rogers acquired 20,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average cost of GBX 443 per share, for a total transaction of £88,600. Insiders own 0.19% of the company’s stock.

JPMorgan Asia Growth & Income Company Profile

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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.

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