JPMorgan China Growth & Income (LON:JCGI) Stock Price Down 3.3% – Should You Sell?

JPMorgan China Growth & Income plc (LON:JCGI)’s stock price fell 3.3% during trading on Friday . The company traded as low as GBX 264.50 and last traded at GBX 264.50. Approximately 114,745 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 235,963 shares. The stock had previously closed at GBX 273.50.

JPMorgan China Growth & Income Trading Down 3.3%

The firm’s 50-day moving average price is GBX 278.17 and its 200-day moving average price is GBX 284.23. The stock has a market capitalization of £211.73 million, a PE ratio of 7.90 and a beta of 0.85.

JPMorgan China Growth & Income (LON:JCGI) last released its quarterly earnings results on Thursday, June 4th. The company reported GBX 0.24 EPS for the quarter. JPMorgan China Growth & Income had a return on equity of 10.57% and a net margin of 60,650.00%.The company had revenue of GBX 100 million during the quarter.

JPMorgan China Growth & Income Company Profile

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.