Shares of JP Morgan Chinese Investment Trust plc (LON:JMC – Get Free Report) traded up 5.2% during mid-day trading on Tuesday . The company traded as high as GBX 357 ($4.46) and last traded at GBX 351.50 ($4.39). 249,733 shares traded hands during trading, an increase of 18% from the average session volume of 211,678 shares. The stock had previously closed at GBX 334 ($4.17).
JP Morgan Chinese Investment Trust Price Performance
The firm has a market cap of £255.55 million and a P/E ratio of -30.30. The stock’s 50-day moving average is GBX 351.50 and its 200-day moving average is GBX 351.50. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 15.24.
JP Morgan Chinese Investment Trust Company Profile
JPMorgan Chinese Investment Trust 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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