JPMorgan Global Emerg Mkts (LON:JEMI) Shares Cross Below Fifty Day Moving Average of $131.10

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 131.10 ($1.62) and traded as low as GBX 130 ($1.61). JPMorgan Global Emerg Mkts shares last traded at GBX 130 ($1.61), with a volume of 320,036 shares.

JPMorgan Global Emerg Mkts Stock Performance

The stock has a market cap of £390.59 million and a price-to-earnings ratio of -3,300.00. The company has a 50-day simple moving average of GBX 131.10 and a two-hundred day simple moving average of GBX 126.12.

JPMorgan Global Emerg Mkts Announces Dividend

The business also recently declared a dividend, which was paid on Friday, April 19th. Shareholders of record on Thursday, March 7th were given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.77%. The ex-dividend date of this dividend was Thursday, March 7th. JPMorgan Global Emerg Mkts’s dividend payout ratio (DPR) is -12,500.00%.

Insiders Place Their Bets

In other JPMorgan Global Emerg Mkts news, insider Elisabeth Scott bought 13,000 shares of JPMorgan Global Emerg Mkts stock in a transaction dated Wednesday, February 14th. The stock was bought at an average cost of GBX 129 ($1.59) per share, for a total transaction of £16,770 ($20,713.93). Insiders own 3.65% of the company’s stock.

About JPMorgan Global Emerg Mkts

JPMorgan Global Emerging Markets Income Trust plc is a closed-ended equity mutual fund launched and managed by JPMorgan Funds Limited. It is co-managed by JPMorgan Asset Management (UK) Limited. The fund invests in the public equity markets of emerging market countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors.