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

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

JPMorgan Global Emerg Mkts Trading Down 0.8%

Shares of JEMI stock traded down GBX 1.50 during trading hours on Thursday, hitting GBX 178. The company’s stock had a trading volume of 1,760,757 shares, compared to its average volume of 731,607. The stock has a market cap of £467.91 million, a PE ratio of 9.31 and a beta of 0.89. JPMorgan Global Emerg Mkts has a 12-month low of GBX 114.30 and a 12-month high of GBX 208. The company has a 50 day moving average of GBX 187.40 and a 200 day moving average of GBX 173.20.

JPMorgan Global Emerg Mkts Company Profile

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.