JP Morgan Chinese Investment Trust (LON:JMC) Stock Price Passes Above Fifty Day Moving Average – Here’s Why

JP Morgan Chinese Investment Trust plc (LON:JMCGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 351.50 ($4.56) and traded as high as GBX 357 ($4.63). JP Morgan Chinese Investment Trust shares last traded at GBX 351.50 ($4.56), with a volume of 249,733 shares trading hands.

JP Morgan Chinese Investment Trust Stock Performance

The firm has a market capitalization of £255.55 million and a PE ratio of -30.30. The company has a debt-to-equity ratio of 15.24, a current ratio of 0.37 and a quick ratio of 0.37. The firm has a fifty day moving average price of GBX 351.50 and a 200 day moving average price of GBX 351.50.

JP Morgan Chinese Investment Trust Company Profile

(Get Free Report)

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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