JPMorgan China Growth & Income (LON:JCGI) Shares Up 1.2%

JPMorgan China Growth & Income plc (LON:JCGI)’s stock price shot up 1.2% on Tuesday . The stock traded as high as GBX 214.50 ($2.65) and last traded at GBX 213 ($2.63). 176,225 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 205,909 shares. The stock had previously closed at GBX 210.50 ($2.60).

JPMorgan China Growth & Income Stock Performance

The firm has a market cap of £181.38 million, a PE ratio of -3,633.33 and a beta of 0.60. The company’s fifty day moving average price is GBX 210.54 and its two-hundred day moving average price is GBX 216.77. The company has a quick ratio of 11.22, a current ratio of 0.16 and a debt-to-equity ratio of 17.49.

JPMorgan China Growth & Income Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be issued a dividend of GBX 2.76 ($0.03) per share. This represents a yield of 1.31%. The ex-dividend date is Thursday, April 18th. JPMorgan China Growth & Income’s dividend payout ratio is currently -18,333.33%.

About JPMorgan China Growth & Income

JPMorgan China Growth & Income plc is a close-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 the Greater China region. The fund seeks to invest in stocks of companies operating across diversified sectors.