JPMorgan China Growth & Income (LON:JCGI) Stock Price Down 1.2% – Should You Sell?

Shares of JPMorgan China Growth & Income plc (LON:JCGI) traded down 1.2% during trading on Friday . The stock traded as low as GBX 291.79 and last traded at GBX 292. 133,617 shares were traded during mid-day trading, a decline of 41% from the average session volume of 224,678 shares. The stock had previously closed at GBX 295.50.

JPMorgan China Growth & Income Price Performance

The stock has a market cap of £242.56 million, a PE ratio of 3.83 and a beta of 0.47. The company’s fifty day moving average is GBX 289.66 and its 200-day moving average is GBX 282.07.

JPMorgan China Growth & Income (LON:JCGI) last released its quarterly earnings data on Friday, December 19th. The company reported GBX 3.89 earnings per share for the quarter. JPMorgan China Growth & Income had a return on equity of 2.99% and a net margin of 72.25%.

JPMorgan China Growth & Income Company Profile

Strategic thinking for Chinese markets
JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.
Key points

Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.

Why invest in this trust
The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.