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

by · The Cerbat Gem

JPMorgan Global Emerg Mkts Inc (LON:JEMI – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as GBX 81.38 and last traded at GBX 182, with a volume of 532666 shares. The stock had previously closed at GBX 179.50.

JPMorgan Global Emerg Mkts Price Performance

The firm has a market capitalization of £478.42 million and a price-to-earnings ratio of 9.52. The stock has a fifty day moving average of GBX 169.10 and a two-hundred day moving average of GBX 160.17.

JPMorgan Global Emerg Mkts (LON:JEMI – Get Free Report) last announced its earnings results on Friday, November 7th. The company reported GBX 5.69 EPS for the quarter. JPMorgan Global Emerg Mkts had a return on equity of 5.95% and a net margin of 72.95%.

About JPMorgan Global Emerg Mkts

(Get Free Report)

JPMorgan Global Emerging Markets Income Investment Trust 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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