JPMorgan Global Emerg Mkts (LON:JEMI) Announces Earnings Results

JPMorgan Global Emerg Mkts (LON:JEMI) released its earnings results on Thursday. The company reported GBX 2.20 EPS for the quarter, Digital Look Earnings reports. JPMorgan Global Emerg Mkts had a return on equity of 12.08% and a net margin of 88.71%.The company had revenue of GBX 745 million for the quarter.

JPMorgan Global Emerg Mkts Stock Performance

Shares of JPMorgan Global Emerg Mkts stock traded down GBX 1.50 during trading hours on Thursday, reaching GBX 178. The company’s stock had a trading volume of 1,760,757 shares, compared to its average volume of 731,607. JPMorgan Global Emerg Mkts has a one year low of GBX 114.30 and a one year high of GBX 208. The company’s 50 day simple moving average is GBX 187.40 and its 200 day simple moving average is GBX 173.20. The stock has a market cap of £467.91 million, a P/E ratio of 9.31 and a beta of 0.89.

About JPMorgan Global Emerg Mkts

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.