Insider Buying: JPMorgan Indian (LON:JII) Insider Buys £49,250 in Stock

JPMorgan Indian (LON:JII) insider Jeremy Whitley acquired 5,000 shares of the stock in a transaction dated Tuesday, October 22nd. The stock was bought at an average cost of GBX 985 ($12.79) per share, with a total value of £49,250 ($63,944.43).

JPMorgan Indian Stock Performance

LON JII opened at GBX 988 ($12.83) on Friday. The company has a market cap of £678.76 million, a P/E ratio of 641.56 and a beta of 0.57. The business’s 50 day moving average price is GBX 1,012.94 and its 200-day moving average price is GBX 991.08. JPMorgan Indian has a fifty-two week low of GBX 822 ($10.67) and a fifty-two week high of GBX 1,044 ($13.55). The company has a debt-to-equity ratio of 3.08, a quick ratio of 20.79 and a current ratio of 42.02.

JPMorgan Indian Company Profile

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.