JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 52-Week High – What’s Next?

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 86 and last traded at GBX 194, with a volume of 298964 shares. The stock had previously closed at GBX 192.50.

JPMorgan Global Emerg Mkts Stock Performance

The company’s 50 day moving average price is GBX 187.81 and its 200 day moving average price is GBX 176.40. The company has a market cap of £507.34 million, a price-to-earnings ratio of 4.42 and a beta of 1.04.

JPMorgan Global Emerg Mkts (LON:JEMI) last issued its earnings results on Thursday, April 2nd. The company reported GBX 2.20 EPS for the quarter. JPMorgan Global Emerg Mkts had a net margin of 94.77% and a return on equity of 24.31%. The company had revenue of GBX 745 million for the quarter.

JPMorgan Global Emerg Mkts Company Profile

Take a closer look at emerging markets

JPMorgan Emerging Markets Dividend Income plc provides a diversified income-oriented way to tap into the growth potential of global emerging markets.

Key points:

Expertise – Extensive network of country and sector specialists from one of the longest established emerging market teams in the industry.
Portfolio – Focused on finding sustainable businesses that have good dividend growth prospects.
Results – Provides a lower risk way to access emerging markets, by investing in stable companies with regular income and good governance structures.

Why invest in this trust

The trust primarily seeks a dividend yield which is higher than the average emerging market company but also growth companies in this exciting equity sector.