JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 131.47 ($1.74) and traded as low as GBX 126 ($1.67). JPMorgan Global Emerg Mkts shares last traded at GBX 127.50 ($1.69), with a volume of 432,384 shares trading hands.
JPMorgan Global Emerg Mkts Price Performance
The stock has a market cap of £360.40 million and a P/E ratio of 14.66. The stock has a 50-day simple moving average of GBX 131.47 and a 200-day simple moving average of GBX 133.32.
JPMorgan Global Emerg Mkts (LON:JEMI - Get Free Report) last announced its quarterly earnings results on Friday, April 4th. The company reported GBX 1.48 ($0.02) earnings per share (EPS) for the quarter. JPMorgan Global Emerg Mkts had a net margin of 72.95% and a return on equity of 5.95%.
JPMorgan Global Emerg Mkts Company Profile
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JPMorgan Global Emerging Markets Income Investment Trust 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.
Further Reading
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