JPMorgan Asia Growth & Income (LON:JAGI) Shares Up 2.6% – Still a Buy?

JPMorgan Asia Growth & Income plc (LON:JAGIGet Free Report) shot up 2.6% during trading on Thursday . The company traded as high as GBX 550 and last traded at GBX 550. 134,042 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 149,491 shares. The stock had previously closed at GBX 536.

JPMorgan Asia Growth & Income Price Performance

The stock’s 50-day moving average price is GBX 596.20 and its 200-day moving average price is GBX 543.38. The company has a market cap of £370.27 million, a P/E ratio of 4.95 and a beta of 1.01.

JPMorgan Asia Growth & Income (LON:JAGIGet Free Report) last released its quarterly earnings results on Friday, June 5th. The company reported GBX 0.88 EPS for the quarter. JPMorgan Asia Growth & Income had a net margin of 124.80% and a return on equity of 24.01%. The business had revenue of GBX 250 million for the quarter.

Insider Activity at JPMorgan Asia Growth & Income

In other JPMorgan Asia Growth & Income news, insider Will Rogers bought 2,902 shares of the stock in a transaction dated Monday, June 15th. The shares were bought at an average cost of GBX 620 per share, with a total value of £17,992.40. Corporate insiders own 0.30% of the company’s stock.

JPMorgan Asia Growth & Income Company Profile

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Your performance potential – our Asia insight

Transform Asian opportunity into your growth and income potential

Asia is transforming rapidly—from urbanisation and digitalisation to the rise of AI and a growing middle class. JPMorgan Asia Growth & Income is designed to capture this investment potential, aiming to deliver both long-term growth and regular income. Every year, the Trust targets a 6% payout of portfolio value1 as quarterly dividends, offering UK investors a way to diversify and strengthen their income strategy while accessing one of the world’s most dynamic regions.

The local and global expertise to find Asia’s future leaders

Asia-Pacific is a diverse region with many markets and opportunities.

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