JP Morgan Chinese Investment Trust (LON:JMC) Stock Price Up 5.2% – Still a Buy?

JP Morgan Chinese Investment Trust plc (LON:JMCGet Free Report)’s stock price was up 5.2% on Friday . The company traded as high as GBX 357 ($4.48) and last traded at GBX 351.50 ($4.41). Approximately 249,733 shares changed hands during trading, an increase of 18% from the average daily volume of 211,678 shares. The stock had previously closed at GBX 334 ($4.19).

JP Morgan Chinese Investment Trust Price Performance

The firm’s 50 day moving average price is GBX 351.50 and its two-hundred day moving average price is GBX 351.50. 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 stock has a market cap of £255.55 million and a PE ratio of -30.30.

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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