JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 12-Month High – Here’s What Happened

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 85 and last traded at GBX 205.02, with a volume of 926844 shares traded. The stock had previously closed at GBX 205.02.

JPMorgan Global Emerg Mkts Trading Up 0.5%

The stock has a fifty day moving average of GBX 204.13 and a 200-day moving average of GBX 191.06. The firm has a market capitalization of £533.05 million, a price-to-earnings ratio of 4.72 and a beta of 1.09.

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

About JPMorgan Global Emerg Mkts

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.