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

JPMorgan Global Emerg Mkts (LON:JEMIGet Free Report) announced its quarterly earnings data on Friday. The company reported GBX 5.69 earnings per share for the quarter, Digital Look Earnings reports. JPMorgan Global Emerg Mkts had a return on equity of 5.95% and a net margin of 72.95%.

JPMorgan Global Emerg Mkts Stock Down 0.6%

LON:JEMI traded down GBX 1 during mid-day trading on Friday, hitting GBX 164.50. 741,757 shares of the stock traded hands, compared to its average volume of 529,899. The business’s 50-day moving average price is GBX 158.57 and its 200 day moving average price is GBX 149.23. The company has a market cap of £436.43 million and a PE ratio of 8.07. JPMorgan Global Emerg Mkts has a 12-month low of GBX 114.30 and a 12-month high of GBX 171.50.

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.

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