JP Morgan Chinese Investment Trust (LON:JMC) Share Price Crosses Above 50-Day Moving Average of $351.50

JP Morgan Chinese Investment Trust plc (LON:JMCGet Rating)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 351.50 ($4.42) and traded as high as GBX 357 ($4.49). JP Morgan Chinese Investment Trust shares last traded at GBX 351.50 ($4.42), with a volume of 249,733 shares changing hands.

The company has a debt-to-equity ratio of 15.24, a quick ratio of 0.37 and a current ratio of 0.37. The business’s 50 day simple moving average is GBX 351.50 and its 200-day simple moving average is GBX 353.20. The stock has a market capitalization of £255.55 million and a price-to-earnings ratio of -30.30.

JP Morgan Chinese Investment Trust Company Profile (LON:JMC)

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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