JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 1-Year High – Here’s Why

Shares of JPMorgan Global Emerg Mkts Inc (LON:JEMIGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 85 and last traded at GBX 204, with a volume of 271408 shares trading hands. The stock had previously closed at GBX 204.

JPMorgan Global Emerg Mkts Trading Up 0.5%

The firm has a 50 day simple moving average of GBX 204.92 and a 200 day simple moving average of GBX 194.97. The firm has a market capitalization of £530.39 million, a PE ratio of 4.69 and a beta of 1.09.

JPMorgan Global Emerg Mkts (LON:JEMIGet Free Report) last posted its quarterly earnings results on Friday, June 26th. The company reported GBX 0.37 earnings per share for the quarter. JPMorgan Global Emerg Mkts had a return on equity of 24.31% and a net margin of 94.77%.

JPMorgan Global Emerg Mkts Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for JPMorgan Global Emerg Mkts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Global Emerg Mkts and related companies with MarketBeat.com's FREE daily email newsletter.