JPMorgan Indian (LON:JII) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

JPMorgan Indian (LON:JIIGet Free Report) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,020.22 ($13.35) and traded as high as GBX 1,024 ($13.40). JPMorgan Indian shares last traded at GBX 1,012 ($13.24), with a volume of 95,283 shares.

JPMorgan Indian Stock Up 0.6 %

The stock’s 50 day simple moving average is GBX 1,020.22 and its two-hundred day simple moving average is GBX 981.45. The firm has a market cap of £706.02 million, a P/E ratio of 657.14 and a beta of 0.59. The company has a debt-to-equity ratio of 3.08, a current ratio of 42.02 and a quick ratio of 20.79.

JPMorgan Indian Company Profile

(Get Free Report)

JPMorgan Indian Investment Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

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