JPMorgan Indian (LON:JII) Sets New 12-Month High – Time to Buy?

JPMorgan Indian (LON:JIIGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,068 ($13.65) and last traded at GBX 1,066 ($13.62), with a volume of 60901 shares traded. The stock had previously closed at GBX 1,054 ($13.47).

JPMorgan Indian Stock Performance

The company has a market cap of £724.98 million, a PE ratio of 684.42 and a beta of 0.57. The company has a current ratio of 42.02, a quick ratio of 20.79 and a debt-to-equity ratio of 3.08. The firm’s 50-day simple moving average is GBX 1,005.53 and its two-hundred day simple moving average is GBX 1,004.87.

Insider Activity

In other JPMorgan Indian news, insider Jeremy Whitley acquired 5,000 shares of the company’s stock in a transaction dated Tuesday, October 22nd. The shares were acquired at an average cost of GBX 985 ($12.58) per share, with a total value of £49,250 ($62,923.21). Insiders own 1.35% of the company’s stock.

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.

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