JPMorgan Global Emerg Mkts (LON:JEMI) Hits New 52-Week High – Here’s What Happened

JPMorgan Global Emerg Mkts Inc (LON:JEMIGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 85 and last traded at GBX 203.81, with a volume of 274412 shares. The stock had previously closed at GBX 207.

JPMorgan Global Emerg Mkts Trading Down 1.5%

The firm has a market capitalization of £527.31 million, a price-to-earnings ratio of 4.66 and a beta of 1.09. The company has a 50-day moving average of GBX 204.47 and a 200-day moving average of GBX 196.04.

JPMorgan Global Emerg Mkts (LON:JEMIGet Free Report) last released its quarterly earnings data on Friday, June 26th. The company reported GBX 0.37 EPS 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

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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.

Further Reading

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