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JPMorgan Global Emerg Mkts (LON:JEMI) Stock Price Passes Above 50-Day Moving Average - Here's What Happened

JPMorgan Global Emerg Mkts logo with Financial Services background

JPMorgan Global Emerg Mkts Inc (LON:JEMI - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 133.71 ($1.72) and traded as high as GBX 134.52 ($1.73). JPMorgan Global Emerg Mkts shares last traded at GBX 133 ($1.71), with a volume of 305,129 shares.

JPMorgan Global Emerg Mkts Stock Performance

The business has a fifty day simple moving average of GBX 133.71 and a 200 day simple moving average of GBX 134.36. The company has a market cap of £393.55 million and a P/E ratio of -3,325.00.

JPMorgan Global Emerg Mkts Increases Dividend

The company also recently announced a dividend, which was paid on Friday, October 18th. Shareholders of record on Thursday, September 12th were issued a dividend of GBX 2.40 ($0.03) per share. This represents a yield of 1.83%. The ex-dividend date of this dividend was Thursday, September 12th. This is an increase from JPMorgan Global Emerg Mkts's previous dividend of $1.00. JPMorgan Global Emerg Mkts's dividend payout ratio (DPR) is currently -12,500.00%.

JPMorgan Global Emerg Mkts Company Profile

(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.

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