JPMorgan Emerging Markets Investment Trust (LON:JMG) Stock Price Crosses Below 50-Day Moving Average of $103.90

JPMorgan Emerging Markets Investment Trust plc (LON:JMG)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 103.90 ($1.28) and traded as low as GBX 101 ($1.25). JPMorgan Emerging Markets Investment Trust shares last traded at GBX 103.80 ($1.28), with a volume of 1,478,360 shares traded.

JPMorgan Emerging Markets Investment Trust Trading Up 0.8 %

The firm has a fifty day simple moving average of GBX 103.90 and a 200-day simple moving average of GBX 102.80. The stock has a market cap of £1.18 billion, a price-to-earnings ratio of 5,200.00 and a beta of 0.66.

JPMorgan Emerging Markets Investment Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 14th will be issued a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.57%. The ex-dividend date of this dividend is Thursday, March 14th. JPMorgan Emerging Markets Investment Trust’s dividend payout ratio is 10,000.00%.

JPMorgan Emerging Markets Investment Trust Company Profile

JPMorgan Emerging Markets Investment Trust plc is a closed ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in public equity markets across global emerging markets. The fund seeks to invest in stocks of companies operating across diversified sectors.