Beaufort Securities reaffirmed their long term buy rating on shares of JP Morgan Asian Investment Trust Plc (LON:JAI) in a report issued on Thursday morning.
JP Morgan Asian Investment Trust Plc (JAI) traded down 0.18% on Thursday, hitting GBX 344.00. The stock had a trading volume of 5,516 shares. The firm’s market cap is GBX 323.64 million. The company’s 50-day moving average price is GBX 3.37 and its 200 day moving average price is GBX 3.25. JP Morgan Asian Investment Trust Plc has a one year low of GBX 261.30 and a one year high of GBX 351.50.
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The firm also recently disclosed a dividend, which was paid on Tuesday, August 8th. Investors of record on Thursday, July 13th were paid a dividend of GBX 3.60 ($0.05) per share. This is a positive change from JP Morgan Asian Investment Trust Plc’s previous dividend of $3.40. The ex-dividend date of this dividend was Thursday, July 13th. This represents a yield of 1.08%.
In other JP Morgan Asian Investment Trust Plc news, insider Ronald Gould acquired 130 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of GBX 352 ($4.58) per share, for a total transaction of £457.60 ($595.91). In the last quarter, insiders have purchased 244 shares of company stock worth $83,168.
JP Morgan Asian Investment Trust Plc Company Profile
JPMorgan Asian Investment Trust plc is a United Kingdom-based investment trust company. The Company’s objective is to provide capital growth, primarily from investing in equities quoted on the stock markets of Asia, excluding Japan. The Company also has the ability to use gearing up to a level of 20% of net assets.
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