JPMorgan Emerging Markets (LON:JMG) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

JPMorgan Emerging Markets (LON:JMGGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 129.87 and traded as high as GBX 137.80. JPMorgan Emerging Markets shares last traded at GBX 137.20, with a volume of 2,863,786 shares trading hands.

JPMorgan Emerging Markets Stock Up 0.8%

The firm has a market capitalization of £1.36 billion, a price-to-earnings ratio of 29.87 and a beta of 0.62. The company has a fifty day moving average price of GBX 129.87 and a two-hundred day moving average price of GBX 120.27.

JPMorgan Emerging Markets (LON:JMGGet Free Report) last released its quarterly earnings results on Monday, September 29th. The company reported GBX 2.30 EPS for the quarter. JPMorgan Emerging Markets had a net margin of 82.19% and a return on equity of 6.30%.

JPMorgan Emerging Markets Company Profile

(Get Free Report)

Gain access to the attractive long-term growth potential of emerging markets
– Focus on quality, sustainable growth across the market cap spectrum

We aim to maximise total returns by building a diversified portfolio of high quality emerging market companies, both large and small caps, with the potential to deliver sustainable long term growth.

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