JPMorgan Indian (LON:JII) Stock Crosses Below 50-Day Moving Average – Should You Sell?

Shares of JPMorgan Indian (LON:JII) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 1,011.96 and traded as low as GBX 1,004. JPMorgan Indian shares last traded at GBX 1,012, with a volume of 40,209 shares changing hands.

JPMorgan Indian Stock Up 0.2%

The firm’s 50 day simple moving average is GBX 1,011.96 and its 200-day simple moving average is GBX 1,046.29. The company has a market capitalization of £461.80 million, a PE ratio of 5,295.66 and a beta of 0.57.

About JPMorgan Indian

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.