JP Morgan Chinese Investment Trust (LON:JMC) Share Price Crosses Above Fifty Day Moving Average of $351.50

JP Morgan Chinese Investment Trust plc (LON:JMC – Get Rating) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 351.50 ($4.28) and traded as high as GBX 357 ($4.35). JP Morgan Chinese Investment Trust shares last traded at GBX 351.50 ($4.28), with a volume of 249,733 shares changing hands.

JP Morgan Chinese Investment Trust Stock Performance

The company has a market cap of £255.55 million and a P/E ratio of -30.30. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 15.24. The firm has a 50 day moving average of GBX 351.50 and a 200-day moving average of GBX 351.50.

JP Morgan Chinese Investment Trust Company Profile

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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.