JPMorgan Indian (LON:JII) Shares Cross Above Fifty Day Moving Average of $916.26

JPMorgan Indian (LON:JII) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 916.26 ($11.32) and traded as high as GBX 940 ($11.61). JPMorgan Indian shares last traded at GBX 940 ($11.61), with a volume of 161,525 shares traded.

JPMorgan Indian Stock Performance

The stock’s 50 day moving average price is GBX 916.26 and its 200-day moving average price is GBX 899.49. The company has a quick ratio of 20.79, a current ratio of 22.36 and a debt-to-equity ratio of 3.08. The stock has a market capitalization of £674.64 million, a PE ratio of 23,500.00 and a beta of 0.58.

Insider Transactions at JPMorgan Indian

In other news, insider Jeremy Whitley acquired 5,000 shares of JPMorgan Indian stock in a transaction dated Thursday, February 15th. The stock was purchased at an average cost of GBX 933 ($11.52) per share, with a total value of £46,650 ($57,621.05). Corporate insiders own 0.90% of the company’s stock.

JPMorgan Indian Company Profile

JPMorgan Indian Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.