JPMorgan Global Emerg Mkts (LON:JEMI) Reaches New 1-Year High – What’s Next?

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 84.66 and last traded at GBX 207, with a volume of 185560 shares. The stock had previously closed at GBX 207.

JPMorgan Global Emerg Mkts Stock Up 1.5%

The stock has a fifty day moving average of GBX 202.47 and a 200-day moving average of GBX 189.49. The stock has a market capitalization of £535.27 million, a price-to-earnings ratio of 4.72 and a beta of 1.08.

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

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.