JPMorgan Global Emerg Mkts (LON:JEMI) Sets New 12-Month High – Time to Buy?

JPMorgan Global Emerg Mkts Inc (LON:JEMI) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 208 and last traded at GBX 207, with a volume of 143888 shares traded. The stock had previously closed at GBX 203.

JPMorgan Global Emerg Mkts Trading Up 2.0%

The stock has a market cap of £538.76 million, a PE ratio of 4.74 and a beta of 1.08. The company’s 50 day moving average is GBX 188.89 and its 200-day moving average is GBX 181.58.

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

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.