JPMorgan Asia Growth & Income (LON:JAGI) Stock Price Up 0.8% – Time to Buy?

JPMorgan Asia Growth & Income plc (LON:JAGI)’s stock price was 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). Approximately 326,742 shares traded hands during trading, an increase of 42% from the average daily volume of 230,136 shares. The stock had previously closed at GBX 369 ($4.79).

JPMorgan Asia Growth & Income Stock Performance

The firm has a market cap of £298.85 million, a PE ratio of -7,380.00 and a beta of 0.56. The company’s 50-day simple moving average is GBX 361.57 and its two-hundred day simple moving average is GBX 363.35.

JPMorgan Asia Growth & Income Dividend Announcement

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

About JPMorgan Asia Growth & Income

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.