Insider Buying: JPMorgan Indian (LON:JII) Insider Purchases £10,056.80 in Stock

JPMorgan Indian (LON:JII) insider Charlotta Ginman bought 1,040 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were bought at an average price of GBX 967 ($12.25) per share, for a total transaction of £10,056.80 ($12,743.03).

JPMorgan Indian Stock Performance

Shares of LON JII opened at GBX 981 ($12.43) on Friday. The business’s 50-day simple moving average is GBX 1,022.98 and its 200-day simple moving average is GBX 1,016.64. JPMorgan Indian has a 52 week low of GBX 886 ($11.23) and a 52 week high of GBX 1,074 ($13.61). The firm has a market cap of £657.14 million, a price-to-earnings ratio of 5.45 and a beta of 0.57.

JPMorgan Indian (LON:JII) last released its earnings results on Friday, December 13th. The company reported GBX 3.35 ($0.04) earnings per share for the quarter. JPMorgan Indian had a net margin of 74.37% and a return on equity of 15.32%.

JPMorgan Indian Company Profile

JPMorgan Indian Investment Trust plc provides expertly managed exposure to the long-term growth potential of the Indian market.
Key points:

Expertise – The largest Indian investment trust, managed by a highly-experienced team.
Portfolio – Invests in the long-term growth potential of India, boosted by a growing middle class and young population.
Results – Provides exposure to a market that can be difficult to access through a growth-orientated portfolio of Indian equities.
*Source: Association of Investment Companies, January 2019

Why invest in this trust

JPMorgan Indian Investment Trust plc was the first trust to focus purely on Indian companies.