JPMorgan Indian (LON:JII – Get Free Report) shares passed below its 50 day moving average during trading on Wednesday . The stock has a 50 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.
JPMorgan Indian Trading Up 0.2%
The company has a quick ratio of 20.79, a current ratio of 3.25 and a debt-to-equity ratio of 0.07. The company has a market capitalization of £461.80 million, a P/E ratio of 5,295.66 and a beta of 0.57. The firm’s 50-day moving average price is GBX 1,012 and its 200 day moving average price is GBX 1,012.
JPMorgan Indian Company Profile
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.
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