JPMorgan Indian (LON:JII) Hits New 1-Year High – Should You Buy?

JPMorgan Indian (LON:JIIGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1,048 ($13.36) and last traded at GBX 1,042 ($13.28), with a volume of 75691 shares. The stock had previously closed at GBX 1,030 ($13.13).

JPMorgan Indian Price Performance

The company has a debt-to-equity ratio of 3.08, a current ratio of 42.02 and a quick ratio of 20.79. The stock’s fifty day moving average is GBX 1,004.45 and its 200-day moving average is GBX 1,002.94. The stock has a market cap of £725.47 million, a PE ratio of 685.71 and a beta of 0.57.

Insider Activity at JPMorgan Indian

In other news, insider Jeremy Whitley acquired 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 22nd. The stock was purchased at an average price of GBX 985 ($12.56) per share, with a total value of £49,250 ($62,786.84). 1.35% of the stock is currently owned by insiders.

JPMorgan Indian Company Profile

(Get Free Report)

JPMorgan Indian Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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