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

JPMorgan Global Emerg Mkts Inc (LON:JEMIGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 186.40 and traded as high as GBX 190.50. JPMorgan Global Emerg Mkts shares last traded at GBX 188, with a volume of 317,695 shares traded.

JPMorgan Global Emerg Mkts Trading Up 0.6%

The company has a market capitalization of £486.58 million, a PE ratio of 9.68 and a beta of 0.89. The company has a fifty day simple moving average of GBX 186.90 and a 200-day simple moving average of GBX 170.53.

JPMorgan Global Emerg Mkts Company Profile

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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.

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