JPMorgan Emerging Markets (LON:JMG) Stock Passes Above 50 Day Moving Average – What’s Next?

JPMorgan Emerging Markets (LON:JMG)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 132.85 and traded as high as GBX 137.80. JPMorgan Emerging Markets shares last traded at GBX 135.80, with a volume of 1,680,480 shares trading hands.

JPMorgan Emerging Markets Stock Performance

The business has a 50 day moving average of GBX 133.01 and a two-hundred day moving average of GBX 122.78. The firm has a market capitalization of £1.33 billion, a price-to-earnings ratio of 29.33 and a beta of 0.62.

JPMorgan Emerging Markets (LON:JMG) last announced its quarterly earnings results on Monday, September 29th. The company reported GBX 2.30 EPS for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

JPMorgan Emerging Markets Company Profile

Gain access to the attractive long-term growth potential of emerging markets
– Focus on quality, sustainable growth across the market cap spectrum

We aim to maximise total returns by building a diversified portfolio of high quality emerging market companies, both large and small caps, with the potential to deliver sustainable long term growth.