JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 12-Month High at $138.00

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 138 ($1.73) and last traded at GBX 132 ($1.66), with a volume of 370971 shares. The stock had previously closed at GBX 134 ($1.68).

JPMorgan Global Emerg Mkts Stock Down 1.5 %

The firm’s 50-day moving average price is GBX 131.27 and its 200-day moving average price is GBX 126.41. The company has a market cap of £390.59 million and a P/E ratio of -3,332.38.

JPMorgan Global Emerg Mkts Announces Dividend

The business also recently declared a dividend, which was paid on Friday, April 19th. Stockholders of record on Thursday, March 7th were issued a GBX 1 ($0.01) dividend. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 7th. JPMorgan Global Emerg Mkts’s payout ratio is currently -12,500.00%.

Insider Activity at JPMorgan Global Emerg Mkts

In related news, insider Elisabeth Scott acquired 13,000 shares of the firm’s stock in a transaction dated Wednesday, February 14th. The shares were purchased at an average price of GBX 129 ($1.62) per share, for a total transaction of £16,770 ($21,065.19). 3.65% of the stock is owned by corporate insiders.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income 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 emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.