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

JPMorgan Emerging Markets logo with Financial Services background

JPMorgan Emerging Markets (LON:JMG - Get Free Report)'s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 108.84 ($1.37) and traded as high as GBX 110.20 ($1.38). JPMorgan Emerging Markets shares last traded at GBX 110 ($1.38), with a volume of 204,627 shares traded.

JPMorgan Emerging Markets Stock Performance

The firm's 50 day moving average price is GBX 108.87 and its two-hundred day moving average price is GBX 108.26. The company has a market cap of £1.21 billion, a P/E ratio of 5,500.00 and a beta of 0.62.

JPMorgan Emerging Markets Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 10th were issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 10th. This represents a dividend yield of 1.2%. This is a positive change from JPMorgan Emerging Markets's previous dividend of $0.60. JPMorgan Emerging Markets's dividend payout ratio is currently 10,000.00%.

JPMorgan Emerging Markets Company Profile

(Get Free Report)

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.

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