JPMorgan China Growth & Income (LON:JCGI) Shares Down 0.2% – Time to Sell?

JPMorgan China Growth & Income plc (LON:JCGI)’s share price dropped 0.2% on Friday . The stock traded as low as GBX 291.92 and last traded at GBX 292.50. Approximately 1,171,887 shares traded hands during mid-day trading, an increase of 210% from the average daily volume of 377,507 shares. The stock had previously closed at GBX 293.

JPMorgan China Growth & Income Stock Down 0.2%

The company has a market cap of £242.97 million, a PE ratio of 3.83 and a beta of 0.47. The stock has a 50-day moving average of GBX 288.04 and a 200-day moving average of GBX 275.66.

JPMorgan China Growth & Income (LON:JCGI) last posted its earnings results on Friday, December 19th. The company reported GBX 3.89 EPS for the quarter. JPMorgan China Growth & Income had a return on equity of 2.99% and a net margin of 72.25%.

About JPMorgan China Growth & Income

Strategic thinking for Chinese markets
JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.
Key points

Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.

Why invest in this trust
The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.