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

Shares of JP Morgan Chinese Investment Trust plc (LON:JMCGet Free Report) passed 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 traded.

JP Morgan Chinese Investment Trust Price Performance

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 company has a market cap of £255.55 million and a P/E ratio of -30.30. The stock has a 50-day simple moving average of GBX 351.50 and a 200 day simple moving average of GBX 351.50.

About JP Morgan Chinese Investment Trust

(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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