JPMorgan Global Emerg Mkts (LON:JEMI) Shares Pass Above 50-Day Moving Average – Here’s Why

JPMorgan Global Emerg Mkts Inc (LON:JEMI) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 194.05 and traded as high as GBX 205. JPMorgan Global Emerg Mkts shares last traded at GBX 202.65, with a volume of 407,206 shares.

JPMorgan Global Emerg Mkts Trading Down 1.0%

The firm has a market capitalization of £517.11 million, a price-to-earnings ratio of 4.56 and a beta of 1.08. The company has a fifty day moving average price of GBX 194.05 and a 200-day moving average price of GBX 184.39.

JPMorgan Global Emerg Mkts (LON:JEMI) last released its quarterly earnings data on Thursday, April 2nd. The company reported GBX 2.20 EPS for the quarter. The firm had revenue of GBX 745 million for the quarter. JPMorgan Global Emerg Mkts had a return on equity of 24.31% and a net margin of 94.77%.

JPMorgan Global Emerg Mkts Company Profile

Take a closer look at emerging markets

JPMorgan Emerging Markets Dividend Income 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.