JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 12-Month High – Here’s Why

JPMorgan Global Emerg Mkts Inc (LON:JEMI)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 216 and last traded at GBX 209.61, with a volume of 1153362 shares. The stock had previously closed at GBX 205.

JPMorgan Global Emerg Mkts Price Performance

The stock’s fifty day moving average price is GBX 190.44 and its 200-day moving average price is GBX 182.67. The firm has a market cap of £545.56 million, a PE ratio of 4.80 and a beta of 1.08.

JPMorgan Global Emerg Mkts (LON:JEMI) last posted its earnings results on Thursday, April 2nd. The company reported GBX 2.20 EPS for the quarter. The company had revenue of GBX 745 million for 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.