JPMorgan China Growth & Income (LON:JCGI) Stock Price Down 0.2% – What’s Next?

JPMorgan China Growth & Income plc (LON:JCGIGet Free Report) shares fell 0.2% during trading on Tuesday . The company traded as low as GBX 229.50 ($2.98) and last traded at GBX 233.50 ($3.03). 167,255 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 245,717 shares. The stock had previously closed at GBX 234 ($3.03).

JPMorgan China Growth & Income Stock Performance

The firm has a market cap of £194.27 million, a price-to-earnings ratio of -203.04 and a beta of 0.47. The company has a current ratio of 2.19, a quick ratio of 11.22 and a debt-to-equity ratio of 4.74. The stock’s 50 day moving average is GBX 213.85 and its 200 day moving average is GBX 218.35.

JPMorgan China Growth & Income Cuts Dividend

The company also recently declared a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, October 17th will be issued a dividend of GBX 2.73 ($0.04) per share. The ex-dividend date is Thursday, October 17th. This represents a yield of 1.14%. JPMorgan China Growth & Income’s payout ratio is currently -956.52%.

JPMorgan China Growth & Income Company Profile

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JPMorgan China Growth & Income plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the Greater China region. The fund seeks to invest in stocks of companies operating across diversified sectors.

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