JPMorgan Indian (LON:JII – Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 1,012 and traded as high as GBX 1,020. JPMorgan Indian shares last traded at GBX 1,012, with a volume of 40,209 shares trading hands.
JPMorgan Indian Price Performance
The business’s 50 day simple moving average is GBX 1,012 and its 200 day simple moving average is GBX 1,029.55. The stock has a market cap of £461.80 million, a P/E ratio of 5,295.66 and a beta of 0.57.
About JPMorgan Indian
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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