JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 1.3% – Here’s Why

JPMorgan Asia Growth & Income plc (LON:JAGI) shares shot up 1.3% during mid-day trading on Thursday . The stock traded as high as GBX 606 and last traded at GBX 604. 62,304 shares traded hands during trading, a decline of 59% from the average session volume of 151,412 shares. The stock had previously closed at GBX 596.

JPMorgan Asia Growth & Income Stock Performance

The company has a market capitalization of £406.62 million, a PE ratio of 5.43 and a beta of 1.01. The stock has a fifty day moving average of GBX 597.04 and a 200 day moving average of GBX 531.13.

JPMorgan Asia Growth & Income (LON:JAGI) last announced its quarterly earnings data on Friday, June 5th. The company reported GBX 0.88 earnings per share (EPS) for the quarter. The business had revenue of GBX 250 million during the quarter. JPMorgan Asia Growth & Income had a net margin of 124.80% and a return on equity of 24.01%.

Insider Buying and Selling at JPMorgan Asia Growth & Income

In related news, insider Will Rogers bought 2,902 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of GBX 620 per share, with a total value of £17,992.40. Corporate insiders own 0.30% of the company’s stock.

About JPMorgan Asia Growth & Income

Your performance potential – our Asia insight

Transform Asian opportunity into your growth and income potential

Asia is transforming rapidly—from urbanisation and digitalisation to the rise of AI and a growing middle class. JPMorgan Asia Growth & Income is designed to capture this investment potential, aiming to deliver both long-term growth and regular income. Every year, the Trust targets a 6% payout of portfolio value1 as quarterly dividends, offering UK investors a way to diversify and strengthen their income strategy while accessing one of the world’s most dynamic regions.

The local and global expertise to find Asia’s future leaders

Asia-Pacific is a diverse region with many markets and opportunities.