JPMorgan Indian Investment Trust (LON:JII) Shares Pass Below Two Hundred Day Moving Average of $829.51

JPMorgan Indian Investment Trust plc (LON:JII – Get Rating) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 829.51 ($10.11) and traded as low as GBX 774 ($9.43). JPMorgan Indian Investment Trust shares last traded at GBX 778 ($9.48), with a volume of 121,093 shares.

JPMorgan Indian Investment Trust Trading Up 0.5 %

The stock has a market capitalization of £583.27 million, a P/E ratio of 1,389.29 and a beta of 0.57. The business has a 50 day simple moving average of GBX 816.99 and a 200-day simple moving average of GBX 829.51. The company has a debt-to-equity ratio of 3.08, a quick ratio of 20.79 and a current ratio of 7.68.

Insider Activity at JPMorgan Indian Investment Trust

In other JPMorgan Indian Investment Trust news, insider Rosemary Morgan purchased 700 shares of the company’s stock in a transaction on Wednesday, March 1st. The shares were purchased at an average cost of GBX 815 ($9.93) per share, for a total transaction of £5,705 ($6,953.08). In other JPMorgan Indian Investment Trust news, insider Rosemary Morgan bought 700 shares of JPMorgan Indian Investment Trust stock in a transaction that occurred on Wednesday, March 1st. The stock was purchased at an average cost of GBX 815 ($9.93) per share, for a total transaction of £5,705 ($6,953.08). Also, insider Jeremy Whitley purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 9th. The stock was bought at an average price of GBX 823 ($10.03) per share, with a total value of £41,150 ($50,152.35). Company insiders own 0.94% of the company’s stock.

About JPMorgan Indian Investment Trust

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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.