Jpmorgan Emerging Markets Growth & Income (LON:JMGI) Announces Quarterly Earnings Results

Jpmorgan Emerging Markets Growth & Income (LON:JMGI – Get Free Report) posted its earnings results on Friday. The company reported GBX 2.97 EPS for the quarter, Digital Look Earnings reports.

Jpmorgan Emerging Markets Growth & Income Price Performance

Shares of JMGI stock traded up GBX 1.80 during trading hours on Friday, hitting GBX 171. The company had a trading volume of 925,835 shares, compared to its average volume of 2,283,735. The company’s fifty day moving average is GBX 165.22 and its 200 day moving average is GBX 161.84. Jpmorgan Emerging Markets Growth & Income has a fifty-two week low of GBX 130.60 and a fifty-two week high of GBX 181.20. The stock has a market capitalization of £1.61 billion and a PE ratio of 6.33.

Insiders Place Their Bets

In other news, insider Alison Jefferis bought 5,921 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were bought at an average price of GBX 169 per share, with a total value of £10,006.49. Company insiders own 0.05% of the company’s stock.

About Jpmorgan Emerging Markets Growth & Income

(Get Free Report)

Jpmorgan Emerging Markets Growth & Income (LON: JMGI) is a London-listed closed‑ended investment company that provides investors with exposure to equities in emerging markets. The trust is managed by J.P. Morgan Asset Management and seeks to deliver long‑term capital growth together with an attractive level of income by investing primarily in listed companies operating in developing economies.

The company’s core activity is active equity management: selecting a diversified portfolio of stocks across a range of sectors and countries within the emerging‑market universe.

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