Shares of JP Morgan Asian Investment Trust Plc (LON:JAI) fell 4.1% during trading on Friday . The stock traded as low as GBX 400 ($5.26) and last traded at GBX 401 ($5.27), 151,420 shares traded hands during mid-day trading. An increase of 21% from the average session volume of 125,229 shares. The stock had previously closed at GBX 418.27 ($5.50).
The stock has a market capitalization of $377.27 million and a P/E ratio of 17.51. The firm’s fifty day simple moving average is GBX 389.85 and its 200 day simple moving average is GBX 373.90.
The company also recently announced a dividend, which will be paid on Wednesday, February 19th. Shareholders of record on Thursday, January 9th will be issued a GBX 4.10 ($0.05) dividend. This is a positive change from JP Morgan Asian Investment Trust’s previous dividend of $4.00. This represents a yield of 1.04%. The ex-dividend date of this dividend is Thursday, January 9th. JP Morgan Asian Investment Trust’s dividend payout ratio (DPR) is currently 0.70%.
JP Morgan Asian Investment Trust Company Profile (LON:JAI)
JPMorgan Asian Investment Trust plc is an open ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of Asia, excluding Japan. The fund spreads its investments across diversified sectors.
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