JP Morgan Chinese Investment Trust (LON:JMC) Shares Cross Above 50 Day Moving Average of $351.50

JP Morgan Chinese Investment Trust plc (LON:JMC) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 351.50 ($4.49) and traded as high as GBX 357 ($4.56). JP Morgan Chinese Investment Trust shares last traded at GBX 351.50 ($4.49), with a volume of 249,733 shares.

JP Morgan Chinese Investment Trust Stock Performance

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 business’s fifty day moving average is GBX 351.50 and its 200-day moving average is GBX 351.50. The stock has a market capitalization of £255.55 million and a PE ratio of -30.30.

About JP Morgan Chinese Investment Trust

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.