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

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

Jpmorgan Emerging Markets Growth & Income Stock Up 1.1%

Shares of LON:JMGI traded up GBX 1.80 on Friday, reaching GBX 171. 925,835 shares of the company’s stock were exchanged, compared to its average volume of 2,283,735. The firm has a market capitalization of £1.61 billion and a price-to-earnings ratio of 6.33. 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 business’s 50-day moving average is GBX 165.22 and its two-hundred day moving average is GBX 161.84.

Insiders Place Their Bets

In other news, insider Alison Jefferis acquired 5,921 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was acquired at an average price of GBX 169 per share, for a total transaction of £10,006.49. 0.05% of the stock is owned by insiders.

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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