JPMorgan Asia Growth & Income (LON:JAGI) Trading Up 1.9% – Should You Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI)’s stock price shot up 1.9% during mid-day trading on Monday . The company traded as high as GBX 386 ($4.92) and last traded at GBX 384 ($4.89). 215,151 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 227,240 shares. The stock had previously closed at GBX 377 ($4.81).

JPMorgan Asia Growth & Income Stock Performance

The company has a 50 day moving average of GBX 373.91 and a 200 day moving average of GBX 366.07. The stock has a market capitalization of £311.00 million, a price-to-earnings ratio of -7,680.00 and a beta of 0.56.

JPMorgan Asia Growth & Income Dividend Announcement

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