JPMorgan Asia Growth & Income (LON:JAGI) Trading 0.8% Higher – Still a Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI) shares traded up 0.8% during trading on Tuesday . The company traded as high as GBX 372 ($4.83) and last traded at GBX 372 ($4.83). 326,742 shares were traded during mid-day trading, an increase of 42% from the average session volume of 230,136 shares. The stock had previously closed at GBX 369 ($4.79).

JPMorgan Asia Growth & Income Price Performance

The stock has a 50 day moving average of GBX 361.05 and a 200 day moving average of GBX 363.19. The firm has a market cap of £301.28 million, a P/E ratio of -7,440.00 and a beta of 0.56.

JPMorgan Asia Growth & Income Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date is Thursday, October 10th. This represents a dividend yield of 1.12%. JPMorgan Asia Growth & Income’s dividend payout ratio (DPR) is presently -32,000.00%.

JPMorgan Asia Growth & Income Company Profile

JPMorgan Asian Investment Trust plc is an open 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 Asia, excluding Japan. The fund spreads its investments across diversified sectors.