JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 0.3% – Time to Buy?

Shares of JPMorgan Asia Growth & Income plc (LON:JAGI) were up 0.3% during trading on Wednesday . The stock traded as high as GBX 379 ($4.73) and last traded at GBX 379 ($4.73). Approximately 108,377 shares traded hands during trading, a decline of 45% from the average daily volume of 195,391 shares. The stock had previously closed at GBX 378 ($4.72).

JPMorgan Asia Growth & Income Trading Down 0.3 %

The company has a market cap of £305.33 million, a P/E ratio of -7,540.00 and a beta of 0.56. The company’s fifty day moving average is GBX 376.60 and its 200 day moving average is GBX 368.04.

JPMorgan Asia Growth & Income (LON:JAGI) last announced its quarterly earnings data on Friday, December 13th. The company reported GBX 4.51 ($0.06) earnings per share (EPS) for the quarter. JPMorgan Asia Growth & Income had a negative return on equity of 0.55% and a negative net margin of 171.38%.

JPMorgan Asia Growth & Income Company Profile

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.