JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 133.17 ($1.63) and traded as low as GBX 132.50 ($1.62). JPMorgan Global Emerg Mkts shares last traded at GBX 134.50 ($1.64), with a volume of 525,035 shares traded.
JPMorgan Global Emerg Mkts Trading Down 1.8 %
The stock's 50 day moving average price is GBX 133.22 and its two-hundred day moving average price is GBX 133.86. The firm has a market capitalization of £397.99 million and a price-to-earnings ratio of -3,362.50.
JPMorgan Global Emerg Mkts Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, January 24th. Investors of record on Thursday, December 12th will be issued a dividend of GBX 1 ($0.01) per share. The ex-dividend date of this dividend is Thursday, December 12th. This represents a yield of 0.76%. JPMorgan Global Emerg Mkts's dividend payout ratio is presently -12,500.00%.
Insider Activity
In related news, insider Mark Edwards acquired 10,000 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were acquired at an average price of GBX 133 ($1.62) per share, with a total value of £13,300 ($16,239.32). Company insiders own 3.65% of the company's stock.
About JPMorgan Global Emerg Mkts
(
Get Free Report)
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.
Featured Stories
Before you consider JPMorgan Global Emerg Mkts, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and JPMorgan Global Emerg Mkts wasn't on the list.
While JPMorgan Global Emerg Mkts currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.