JPMorgan Indian (LON:JII) Hits New 12-Month High at $949.22

JPMorgan Indian (LON:JII) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 949.22 ($11.92) and last traded at GBX 945 ($11.87), with a volume of 150440 shares changing hands. The stock had previously closed at GBX 945 ($11.87).

JPMorgan Indian Trading Up 0.1 %

The firm has a market cap of £684.64 million, a P/E ratio of 23,777.78 and a beta of 0.58. The business’s 50-day moving average is GBX 917.26 and its two-hundred day moving average is GBX 902.22. The company has a current ratio of 22.36, a quick ratio of 20.79 and a debt-to-equity ratio of 3.08.

Insider Activity

In related news, insider Jeremy Whitley purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were acquired at an average price of GBX 933 ($11.72) per share, with a total value of £46,650 ($58,598.17). 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.